Riley Was Assigned Code Number 249031 by His Bank When

question 32

Multiple Choice

Riley was assigned code number 249031 by his bank when he first opened his account.Later, his bank changed its coding system, and Riley was assigned the new code number 586729.If Riley experienced proactive interference when he was asked for his bank code number, you would predict that he would recall:

• A)the six digits 249031
• B)the six digits 586729
• C)only the first three digits (586) of his new number
• D)only the last three digits (729) of his new number

---

Definitions:

Fixed Manufacturing Overhead

Indirect manufacturing costs that do not vary with the level of production, including salaries of production supervisors, rent for the factory building, and depreciation of manufacturing equipment.

Volume Variance

A financial metric that measures the difference between the planned volume of production or sales and the actual volume, affecting revenue and costs.

Manufacturing Overhead

Consists of indirect factory-related costs that are incurred when producing a product, such as maintenance, utilities, and salaries of supervisors.

Applied

The method of assigning or allocating overhead costs to specific products or jobs based on a predetermined rate.