Which of the Following Might Be a Status and Exception

question 58

Multiple Choice

Which of the following might be a status and exception report used in shop-floor control?

• A) Absentee report
• B) Quality failure report
• C) Shortage lists
• D) Expediting report
• E) Union activity report

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Definitions:

Variable Manufacturing Overhead

comprises manufacturing costs that vary directly with the level of production, such as materials and labor.

Direct Labor-hours

The all-encompassing total of work hours by staff directly partaking in manufacturing roles.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost based on the actual level of activity output.

Variable Overhead

Costs that vary with the level of production or sales volume, such as raw materials and labor directly involved in production.