Megan,Incuses the Following Standard Costs Per Unit for One of Its

question 86

Multiple Choice

Megan,Inc.uses the following standard costs per unit for one of its products: Direct labor (2 hrs @ $5/hr) = $10;overhead (2 hrs @ $2.50/hr) = $5.The flexible budget for overhead is $120,000 plus $1 per direct labor hour (DLH) .Actual data for the month show total overhead costs of $225,000,total fixed overhead of $123,000,85,000 hours worked,and 40,000 units produced.What is the budgeted denominator activity level in direct labor hours?

• A)24,000.
• B)48,000.
• C)60,000.
• D)80,000.
• E)100,000.

Reflect on the relationship between media sources and audiences.

Identify and discuss the role of social media in fostering networked individualism.

Recognize the significance of media ownership concentration and its effects on society.

Understand how mass media audiences can be both active and passive.

---

Definitions:

Initial Stockholders

The original investors or owners of a company’s stock at the time of its issuance.

Newly Formed

Refers to an entity or organization that has recently been created or established.

Directors

Individuals elected by shareholders to oversee and make high-level decisions for a corporation, forming its board of directors.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of shareholders.