The Following Information for the Past Year Is Available from Thinnews

question 2

Multiple Choice

The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs: $\begin{array}{lrr}\text { Actual total factory overhead cost incurred } & \$ 24,000 \\\text { Actual fixed overhead cost incurred } & \$ 10,000 \\\text { Budgeted fixed overhead cost } & \$ 11,000 \\\text { Actual machine hours } & 5,000 \\\text { Standard machine hours allowed for the units manufactured } & 4,800 \\\text { Denominator volume-machine hours } & 5,500 \\\text { Standard variable overhead rate per machine hour } & \$ 3.00\end{array}$ The total actual variable factory overhead cost incurred during the year, rounded to the nearest dollar, was:

• A) $13,000.
• B) $14,000.
• C) $14,100.
• D) $14,400.
• E) $15,000.

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Definitions:

Differential Gene Expression

The process by which cells express different sets of genes, allowing for cell specialization and the functioning of multicellular organisms.

Tracheids

Elongated cells in the xylem of vascular plants that serve in the transport of water and minerals, as well as supporting the plant structure.

Vessel Elements

Elongated cells in the xylem of vascular plants that transport water and nutrients vertically throughout the plant.

Cell Development

The process by which cells undergo growth and differentiation to achieve specific functions.