Which Was a Primary Factor in the Relative "Weakness" of Slave

question 54

Multiple Choice

Which was a primary factor in the relative "weakness" of slave families in the U.S.?

• A)Slaves never married.
• B)Over 1/3 of slave marriages were ended when either the husband or wife was sold off.
• C)Even when married, bonds of love were rare between slave partners.
• D)Slaves brought over from Africa, a culture that valued the matrilineal line through mother and child without regard for the father.
• E)Slaves preferred illicit relationships with slave owners as a means for increasing their status.

Understand and apply the concept of standard costing in manufacturing operations.

Calculate various variances related to manufacturing overhead, including budget, volume, rate, and efficiency variances.

Assess the impact of underapplied or overapplied overhead on financial performance.

Interpret the financial implications of overhead cost variances for decision-making.

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Definitions:

Direct Labour Efficiency Variance

The difference between the expected hours to produce a specific number of units and the actual hours used.

Direct Material Used

Direct material used involves the consumption of raw materials that are transformed into and directly identifiable with the finished product in the manufacturing process.

Variable Manuf. Overhead

Variable manufacturing overhead refers to the indirect costs that change with the level of production, such as utilities for the manufacturing plant.

Labour Efficiency Variance

The difference between the actual hours worked and the standard hours expected to produce a certain number of units, valued at the standard labor rate.