Figure 17-6 -Refer to Figure 17-6

question 71

Multiple Choice

Figure 17-6 $\begin{array}{lr}\text { Budgeted fixed overhead for the year } & £ 300,000 \\\text { Budgeted direct labour hours for the year } & 30,000 \\\text { Actual fixed overhead for August } & £ 24,000 \\\text { Actual variable overhead for August } & £ 10,000 \\\text { Direct labour hours worked in August } & 2,600 \\\text { Standard variable overhead cost per direct labour hour } & £ 4 \\\text { Standard direct labour hours allowed for August production } & 2,750\end{array}$
-Refer to Figure 17-6. The fixed overhead volume variance would be

• A)£2,500 unfavourable.
• B)£2,500 favourable.
• C)£1,000 unfavourable.
• D)£1,000 favourable.

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Definitions:

Reflexive Modernity

A theory in sociology that suggests modern society is increasingly characterized by reflection and change, affecting traditional institutions and lifestyles.

Expands Ability

The process or intervention aimed at increasing the skills, resources, or capacities of individuals or systems.

Reflexively Manage Risks

The process of constantly monitoring and adjusting one's behavior or decisions in response to perceived risks and uncertainties.

Critiqued Modern Society

The act of evaluating and finding fault with aspects of contemporary society, often focusing on social injustice, environmental degradation, or the erosion of traditional values.