Use the Budget Data Shown Below for Sharp Company to Answer

question 153

Multiple Choice

Use the budget data shown below for Sharp Company to answer the questions that follow:
$$\begin{array} { l r } \text { Estimated direct labor hours } & 12,000 \\\text { Estimated direct labor dollars } & \$ 90,000 \\\text { Estimated factory overhead costs } & \$ 179,000 \\\text { Actual direct labor hours } & 11,500 \\\text { Actual direct labor dollars } & \$ 92,000 \\\text { Actual factory overhead costs } & \$ 180,000\end{array}$$
-If factory overhead is applied based on direct labor hours, the amount of overhead to be applied is

• A) $180,000
• B) $181,000
• C) $172,500
• D) $184,000

---

Definitions:

Atkinson And Shiffrin

Two cognitive psychologists who, in 1968, proposed the multi-store model of memory that outlines three distinct stages: sensory memory, short-term memory, and long-term memory.

Rehearse Information

The act of practicing or mentally reviewing information repeatedly to enhance memory retention.

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the five senses.

Long-Term Memory

The phase of the memory process that is capable of storing information for prolonged periods, from hours to a lifetime.