Bressman 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 May:
-The variable overhead rate variance for the month is closest to:
Definitions:
Electrons
Subatomic particles with a negative charge, found in electron shells surrounding the nucleus of an atom.
Benzene
A colorless, volatile liquid hydrocarbon present in coal tar and petroleum, used in chemical synthesis.
Resonance Structures
Representations of a molecule where the chemical connectivity is the same but the electrons are distributed differently around the structure.
Cyclic
Pertaining to chemical compounds that contain a ring structure within their molecules.
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