Use This Information to Answer the Questions That Follow

question 163

Multiple Choice

Use this information to answer the questions that follow.
​
*Actual hours are equal to standard hours for units produced.​
-The total factory overhead cost variance is

• A) $4,866.75 unfavorable
• B) $4,866.75 favorable
• C) $8,981.75 favorable
• D) $8,981.75 unfavorable

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Definitions:

Low Tax Rates

A situation in which the percentage at which an individual or corporation is taxed is lower than the typical or average rate.

Special-Interest Effect

The phenomenon where policies or regulations are influenced primarily by a small, vocal group acting in its own interest, rather than the broader public interest.

Private-Sector Provision

Goods and services provided by businesses and private individuals rather than the government, often driven by profit.

Government Provision

The supply of goods or services by the government directly or through funding public institutions.