Reference: 11-12
the Following Standards for Variable Manufacturing Overhead Have

question 51

Multiple Choice

Reference: 11-12
The following standards for variable manufacturing overhead have been established for a company that makes only one product: $$\begin{array}{l}\begin{array} { | l | l | l | } \hline \text { Standard hours per unit of output } & 1.6 & \text { hours } \\\hline \text { Standard variable overhead rate } & \$ 11.55 & \text { per hour } \\\hline\end{array}\\\text { The following data pertain to operations for the last month: }\\\begin{array} { | l | l | l | } \hline \text { Actual hours } & 4,900 & \text { hours } \\\hline \text { Actual total variable overhead cost } & \$ 58,310 & \\\hline \text { Actual output } & 3,000 & \text { units } \\\hline\end{array}\end{array}$$
-What is the variable overhead efficiency variance for the month?

• A)$1,190 F.
• B)$1,190 U.
• C)$1,155 U.
• D)$1,680 U.

Identify common organizational buying criteria.

Understand the roles individuals play within a buying center.

Comprehend the North American Industry Classification System (NAICS) and its purpose.

Understand the stages of the organizational buying process and differences from consumer buying.

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Definitions:

Glia Cells

Non-neuronal cells in the central and peripheral nervous system that provide support and nutrition, maintain homeostasis, and participate in signal transmission.

Embryonic Germ Layers

The three primary layers of cells (ectoderm, mesoderm, endoderm) in the embryo, from which all organs and tissues develop.

Endoderm

The innermost of the three primary germ layers in the early embryo that gives rise to the lining of the digestive and respiratory systems.

Mesoderm

A middle layer of cells or tissues in an embryo from which many organs and tissues such as muscle, bone, and blood vessels develop.