Haley Fans Manufactures and Distributes Circulators Budgeted Factory Overhead Was $32,000

question 52

Multiple Choice

Haley Fans manufactures and distributes circulators. The standard and actual costs for the manufacture of circulators follows:
$$\begin{array} { | l | l | } \hline { \text { Standard Costs } } & \text { Actual Costs } \\\hline \text { Variable cost, \$24 per unit } & \text { Total variable cost, } \$ 12,300 \\\hline \text { Fixed cost } \$ 40 \text { per unit } & \text { Total fixed cosh } \$ 19,250 \\\hline\end{array}$$
Budgeted factory overhead was $32,000. Overhead applied is based on the number of circulator units produced. The company estimated that 500 circulators would be produced, however only 480 were produced. How much is Haley's controllable overhead variance?

• A) $800 unfavorable
• B) $830 favorable
• C) $450 favorable
• D) $30 unfavorable

Grasp the relationship between nominal, real interest rates, and inflation.

Analyze the effects of usury laws on the economy, including their impact on loan availability and market dynamics.

Understand the decision-making process for investments, including considerations of interest rates and returns.

Comprehend the role and impact of government monetary policy on the economy, including interest rates.

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Definitions:

Earth Moves

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The star at the center of our solar system, which is a nearly perfect sphere of hot plasma, generating energy and supporting life on Earth through its light and warmth.

Determinists

Individuals who believe in determinism, the doctrine that all events, including moral choices, are completely determined by previously existing causes.

Causal Gap

A philosophical term describing a perceived disconnect or lack of explanation between cause and effect, especially in contexts of mind-body dualism or free will.