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Use the following information to answer the following Questions
Forward Venture Company, which uses a standard cost system, budgeted $600,000 of fixed overhead when 40,000 machine hours were anticipated. Other data for the period were:
Actual units produced: 10,000
Standard production time per unit: 3.9 machine hours
Fixed overhead incurred: $620,000
Actual machine hours worked: 42,000
-Forward Venture Company's fixed-overhead budget variance is:
Symbolic Instruction Codes
Symbolic instruction codes are mnemonic representations of machine language instructions, making it easier for humans to understand and write assembly language programs.
Fourth Generation Language
High-level programming languages designed to be more user-friendly, with commands resembling human language.
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Schematic blueprints that represent the skeletal framework of digital applications, designed to plan a website or app's structure and functionality.
Tester
An individual or device that assesses a product, software, or material for its performance, quality, or compliance with specific standards or criteria.
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