The Following Information Was Gathered for White Sox Company Assume the Cost Driver Is Direct-Labor Hours

question 86

Multiple Choice

The following information was gathered for White Sox Company: $$\begin{array} { l r } \text { Budgeted direct-labor hours } & 34,000 \\\text { Actual direct-labor hours } & 32,400 \\\text { Budgeted factory overhead } & \$ 144,500 \\\text { Actual factory overhead } & \$ 155,980\end{array}$$ Assume the cost driver is direct-labor hours.The amount of factory overhead applied is _____.

• A)$144,500
• B)$137,700
• C)$142,922
• D)$149,980

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Definitions:

Accept The Offer

The act of agreeing to the terms proposed in an offer, thus forming a contractual agreement.

Reject The Offer

The act of declining a proposal or invitation, typically in negotiations, employment, or contractual agreements.

Standard Deviation

A measure of the dispersion or variation in a set of numerical data, indicating how spread out the values are from the mean.

Expected Return

The average of all possible returns for an investment, weighted by their likelihood of occurrence.