Use the Following Information for Questions

question 104

Multiple Choice

Use the following information for questions
Budgeted overhead for Cinnabar Industries at normal capacity of 30000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May $310000 of overhead was incurred in working 31500 hours when 32000 standard hours were allowed.
-The overhead volume variance is

• A) $8000 favorable.
• B) $11000 favorable.
• C) $5000 favorable.
• D) $10000 favorable.

Familiarize with emotional intelligence dimensions and their importance in personal and professional settings.

Understand the historical figures' use of communication tools in leadership.

Recognize the importance of emotional management in conflict resolution and effective leadership.

Grasp the significance of a fulfilled need in personal development and motivation.

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales activity, such as rent or salaries.

Cost-Volume-Profit Graph

A visual representation that shows the relationship between a company's costs, sales volume, and profits, helping in decision-making and planning.

Fixed and Variable

Costs or expenses that a company may incur, with fixed costs being constant regardless of activities, and variable costs fluctuating with business activity levels.

Separation Methods

Techniques used in chemistry and manufacturing to divide components of mixtures into individual constituents, such as distillation and filtration.