Examlex

Solved

Use the Following Information to Answer the Following Questions

question 8

Multiple Choice

Use the following information to answer the following Questions
Admac Technologies has a standard variable overhead rate of $4.50 per machine hour, and each unit produced has a standard time allowed of three hours. The company's static budget was based on 46,000 units. Actual results for the year follow.
Actual units produced: 42,000
Actual machine hours worked: 120,000
Actual variable overhead incurred: $520,000

-Admac's variable-overhead efficiency variance is:


Definitions:

Feedback

Information provided about reactions to a product, a person's performance of a task, etc., used as a basis for improvement.

Group Interaction

The process of communication and interaction that takes place among members of a group, influencing dynamics, decision-making, and individual behavior.

External View

Looking at a situation or problem from an outsider's perspective, which can help in understanding the broader context or seeing solutions not apparent from an internal viewpoint.

Instantaneous Changes

Sudden alterations or transitions in behavior, thought, or condition that occur without a gradual progression.

Related Questions