Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.
The company has reported the following actual results for the product for December:
-The variable overhead rate variance for the month is closest to:
Definitions:
Percentage
Symbolized by %, it represents a number or ratio expressed as a fraction of 100, used to denote proportions, rates, or comparative statistics.
Column Chart
A type of graph that uses vertical bars to represent data values, with each bar's height corresponding to the data value.
Database Design
The process involved in creating a detailed data model of a database. This design includes the structures that hold the data, relationships among data points, and the rules governing data integrity and access.
Receptionist
A person typically employed in an office or administrative setting to manage front desk tasks including answering phones and greeting visitors.
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