Dukes Corporation Used a Predetermined Overhead Rate This Year of $2

question 140

Multiple Choice

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: The overapplied or underapplied manufacturing for the year was:

• A) $1,000 underapplied
• B) $1,000 overapplied
• C) $3,000 underapplied
• D) $3,000 overapplied

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Definitions:

Social Desirability

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often leading to over-reporting of 'positive' behaviors or under-reporting of 'negative' behaviors.

Independent Variable

In experimental and statistical research, the variable that is manipulated or changed to observe its effect on a dependent variable.

Manipulated

Altered or controlled in a deliberate way, often to achieve a specific outcome or effect in research or other contexts.

Constant

A quality, value, or quantity that remains unchanged or stable within a given context or over time.