Ducks Company Had the Following Information The Amount of Overhead Applied to a Company That Uses

question 17

Multiple Choice

Ducks Company had the following information: $$\begin{array} { l l } \text { Budgeted factory overhead } & \$ 75,000 \\\text { Actual factory overhead } & \$ 80,000 \\\text { Budgeted: Direct-1abor hours } & 20,000 \\\text { Actual: Direct-1abor hours } & 21,000\end{array}$$ The amount of overhead applied to a company that uses 2,000 direct- labor hours is:

• A) $7,600
• B) $7,140
• C) $8,000
• D) $7,500

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Definitions:

Health Care

Health care encompasses the services provided to maintain or improve individuals' health through prevention, diagnosis, and treatment of illness, injury, and other physical or mental impairments.

Private Health Insurance

Health insurance that is not offered by the government but by private entities, often offering more choice in healthcare providers.

Public Health Insurance

Insurance schemes funded or provided by the government to cover healthcare costs for its citizens.

Out-Of-Pocket

Expenses for services not reimbursed by insurance, paid directly by the consumer.