Haley Fans Manufactures and Distributes Circulators Budgeted Factory Overhead Was $32,000

question 5

Multiple Choice

Haley Fans manufactures and distributes circulators.The standard and actual costs for the manufacture of circulators are as follows: $\begin{array}{|l|l|}\hline {\text { Standard Costs }} &{\text { Actual Costs }} \\\hline \text { Variable cost, } \$ 24 \text { per unit } & \text { Total variable cost, } \$ 12,300 \\\hline \text { Fixed cost, } \$ 40 \text { per unit } & \text { Total fixed cost, } \$ 19,250 \\\hline\end{array}$ Budgeted factory overhead was $32,000.Overhead applied is based on the number of circulator units produced.The company estimated that 500 circulators would be produced, however only 480 were produced.How much is budgeted fixed overhead for the year?

• A)$30,720
• B)$19,200
• C)$20,000
• D)$12,000

---

Definitions:

Promotability

The potential or suitability of an individual to be moved to a higher position or rank within an organization.

Underlying Tendency

The inherent inclination or predisposition towards a particular behavior, pattern, or outcome, often within a psychological or sociological context.

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Interpersonal Orientation

The degree to which an individual focuses on and prioritizes the development, maintenance, and enhancement of interpersonal relationships.