Graph the Following Equation and Then Calculate the Slope

question 59

Essay

Graph the following equation and then calculate the slope. If variable X increases by 5, what will happen to variable Y?
Y = 45 - 5X

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Definitions:

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard variable overhead for the actual production level, reflecting efficiency in controlling variable overhead costs.

Standard Hours Per Unit

The amount of direct labor time that should be required to complete a single unit of product, including allowances for breaks, machine downtime, cleanup, rejects, and other normal inefficiencies.

Actual Total Variable Overhead Cost

The amount incurred in variable overhead expenses for actual production activities.

Standard Variable Overhead Rate

A predetermined rate used to allocate variable overhead costs to units of production, based on expected activity levels.