Jaune Company Uses a Standard Cost System That Applies Manufacturing

question 185

Multiple Choice

Jaune Company uses a standard cost system that applies manufacturing overhead to units of product on the basis of direct labour hours (DLHs) .The following data pertain to last month's operations:
$\begin{array}{|l|r|}\hline \text { Budgeted Fixed Overhead Costs } & \$ 5,000 \\\hline \text { Actual Fixed Overhead Costs } & \$ 5,000 \\\hline \text { Standard Hours Allowed for Output } & 2,400 \text { DLHs } \\\hline \text { Predetermined Overhead Rate (\$2 variable }+\$ 3 \text { fixed) } & \$ 5 \text { per DLH } \\\hline\end{array}$
What was the fixed overhead budget variance?

• A) $500 favourable.
• B) $500 unfavourable.
• C) $1,700 unfavourable.
• D) $2,200 unfavourable.

Acknowledge the impact of the Constitution on developing a national identity and addressing the rights of minority groups.

Understand the debate surrounding the inclusion of a Bill of Rights in the Constitution.

Interpret the implications of specific amendments, particularly regarding citizenship, rights not enumerated, and states' powers.

Understand the distinctive elements of the Bill of Rights in comparison to British precedent and other historical documents.

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Definitions:

Information Processing

The means by which individuals perceive, analyze, manipulate, store, and recall information.

Working Memory

A mental system tasked with briefly maintaining data for processing.

Storage

The process or method by which information, data, or goods are kept for future use or retrieval.

Retrieval

The process of accessing and bringing into conscious thought information stored in memory.