Neptune Inc The Variable Factory Overhead Efficiency Variance for Neptune, Inc

question 78

Multiple Choice

Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: $\begin{array}{lr}\text { Actual direct labor hours (DLHs) worked } & 17,000 \\\text { Standard DLHs allowed for good output produced this period } & 18,000 \\\text { Actual total factory overhead costs incurred } & \$ 45,400 \\\text { Budgeted fixed factory overhead costs } & \$ 10,800 \\\text { Denominator activity level, in direct labor hours (DLHs) } & 15,000 \\\text { Total factory overhead application rate per standard DLH } & \$ 2.70\end{array}$ The variable factory overhead efficiency variance for Neptune, Inc. in April, to the nearest whole dollar, was:

• A) $940 unfavorable.
• B) $1,040 favorable.
• C) $1,980 favorable.
• D) $2,160 favorable.
• E) $3,200 favorable.

Analyze the effects of labor unions on work environments and employee-organization relationships.

Understand the dynamics of labour-management and co-worker relationships post-strike.

Recognize reasons for union grievances, including the importance of understanding collective agreements.

Distinguish between different types of unions and their characteristics.

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Definitions:

Parenchyma Cells

Fundamental tissue cells in plants that are involved in photosynthesis, storage, and tissue repair and replacement.

Herbaceous Eudicot

A non-woody flowering plant that belongs to a large group of dicots, characterized by a broad range of leaf shapes and flower structures.

Cortex

The outer layer of various organs and systems in the body, such as the brain (cerebral cortex), responsible for higher order functions, including thought, memory, and sensory processing.

Endodermis

A layer of cells in the roots of land plants that acts as a selective barrier, regulating the passage of substances from the soil into the vascular system.