An Astronomer Observes a Cluster of Stars and Constructs an HR

question 20

Multiple Choice

An astronomer observes a cluster of stars and constructs an HR diagram like Figure 11.6.What can he or she learn from the region marked "X"?

• A) the distance to the cluster
• B) the radius of the cluster
• C) the mass of the cluster
• D) the age of the cluster

Determine whether overhead was underapplied or overapplied and quantify the amount.

Understand the relationship between budgeted and actual manufacturing overhead.

Apply manufacturing overhead to products based on standard cost systems.

Analyze the effects of actual output and activity level on overhead variances.

---

Definitions:

Returns to Scale

The rate at which output increases in response to proportional increases in all inputs.

Production Function

An equation or graph that shows the output generated from different combinations of inputs, usually focusing on labor and capital.

Marginal Product

The increase in output that results from an additional unit of input.

Returns to Scale

Refers to the rate at which output increases as inputs are proportionately increased, categorizing into increasing, constant, or decreasing returns.