Bonehead Co The Fixed Overhead Production Volume Variance for Bonehead Co

question 51

Multiple Choice

Bonehead Co. has the following factory overhead costs for the most recent period: $\begin{array}{lr}\text { Standard overhead cost applied to this period's production } & \$ 72,000 \\\text { Flexible budget for overhead based on output (i.e., units produced) } & 65,000 \\\text { Total budgeted overhead in the master (static) budget } & 86,000 \\\text { Actual total overhead cost incurred during the period } & 76,000\end{array}$ The fixed overhead production volume variance for Bonehead Co. this period, to the nearest whole dollar, is:

• A) $4,000 unfavorable.
• B) $7,000 favorable.
• C) $10,000 favorable.
• D) $11,000 unfavorable.
• E) $14,000 unfavorable.

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Definitions:

Neurotransmitters

Chemicals located and released in the brain to allow an impulse from one nerve cell to pass to another nerve cell.

Electron Microscope

A type of microscope that uses a beam of electrons to create an image of a specimen, offering higher resolution than traditional light microscopes.

Synaptic Structure

Refers to the physical and functional arrangement of synapses, which are the points of communication between neurons, allowing for the transmission of signals.

Action Potential

Large, brief reversal in the polarity of an axon membrane.