Viger Corporation Has a Standard Cost System in Which It

question 170

Multiple Choice

Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month:
What was the variable overhead rate variance for the month?

• A) $2,000 Favorable
• B) $720 Favorable
• C) $1,260 Unfavorable
• D) $1,980 Favorable

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Definitions:

Cultural Adaptation

The process by which individuals learn and adjust to the norms and values of a new culture.

Culture Assessment

The process of evaluating the existing culture within an organization, identifying strengths and areas for improvement.

Adaptive Organizational Culture

A culture that emphasizes flexibility, learning, and responsiveness to change, enabling an organization to adjust and thrive in dynamic environments.

Risk Taking

The willingness to engage in behaviors or actions that entail a potential for loss or failure, with the expectation of achieving a significant reward.