The Following Information for the Past Year Is Available from Thinnews

question 72

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: $\begin{array}{lrr}\text { Actual total factory overhead cost incurred } & \$ 24,000 \\\text { Actual fixed overhead cost incurred } & \$ 10,000 \\\text { Budgeted fixed overhead cost } & \$ 11,000 \\\text { Actual machine hours } & 5,000 \\\text { Standard machine hours allowed for the units manufactured } & 4,800 \\\text { Denominator volume-machine hours } & 5,500 \\\text { Standard variable overhead rate per machine hour } & \$ 3.00\end{array}$ Under a three-variance breakdown (decomposition) of the total factory overhead variance, the fixed factory overhead production-volume variance (to the nearest whole dollar) is:

• A) $400 favorable.
• B) $600 unfavorable.
• C) $1,400 favorable.
• D) $1,400 unfavorable.
• E) $2,000 favorable.

Understand the concepts of a protean career and its implications for personal growth.

Identify the components of a career management system.

Understand the various approaches to employee development within organizations.

Comprehend the concept and application of formal education in employee development.

---

Definitions:

Electrical Cord

A cable that conducts electricity, commonly used to connect appliances, lighting, and electronic devices to a power source.

Lens Paper

A soft, lint-free paper used to clean optical lenses and other delicate surfaces without scratching them.

Preserved Specimens

Biological specimens that have been treated and kept to prevent decay for education or research purposes.

Scalpel

A small and sharp surgical instrument used for making incisions.