Use the Following Information for the Next 4 Questions

question 28

Multiple Choice

Use the following information for the next 4 questions.
Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded:
-The fixed overhead production volume variance was

• A) $1,000 U
• B) $2,500 F
• C) $1,500 F
• D) $5,000 U

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Definitions:

Micro-to-Macro

An approach or perspective in sociology that starts with the study of individuals or small groups (micro-level) and attempts to understand larger societal structures and processes (macro-level) based on these smaller interactions.

James Coleman

An influential American sociologist best known for his work in education, public policy, and social theory, including the development of the concept of social capital.

Psychological Reductionism

An approach that attempts to explain social phenomena solely through the lens of individual psychological processes.

Causal Mechanisms

The processes or pathways through which an outcome is brought about, explaining how cause and effect are linked.