In the 1848 Elections,the New Party That Emerged as a Political

question 41

Multiple Choice

In the 1848 elections,the new party that emerged as a political force was the

• A) Liberty Party.
• B) Whig Party.
• C) Free-Soil Party.
• D) Republican Party.
• E) Know-Nothing Party.

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Definitions:

Variable Overhead Rate Variance

The variance between the actual variable overhead costs that were incurred and the anticipated variable overhead calculated according to the real amount of activity.

Supplies Cost

The expense incurred to acquire supplies necessary for the production of goods or the operation of a business.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead costs incurred and the expected variable overhead costs based on standard cost accounting practices.

Direct Labor-hours

The whole amount of production time by workers intimately involved in manufacturing.