-For Trapezoid HJKL, . It Follows That

question 768

Multiple Choice

-For trapezoid HJKL, . It follows that:

• A) and are the legs of HJKL.
• B) and are the legs of HJKL.
• C) and are the bases of HJKL.
• D) None of These

---

Definitions:

Machine-Hours

An allocation base in cost accounting used to assign costs to products or services, based on the hours of machine operation required.

Fixed Manufacturing Overhead

Consists of manufacturing costs that do not change with the level of production, such as salaries of supervisors and rent for factory premises.

Denominator Level

The level of activity used to compute the fixed manufacturing overhead rate in absorption costing, affecting inventory and cost of goods sold.

Budget Variance

The difference between budgeted amounts and actual amounts spent or received.