Easel Manufacturing Budgeted Fixed Overhead Costs of $3

question 186

Multiple Choice

Easel Manufacturing budgeted fixed overhead costs of $3.75 per unit at an anticipated production level of 1150 units. In July Easel incurred actual fixed overhead costs of $4500 and actually produced 1100 units. What is Easel's fixed overhead budget variance for July?

• A)$187.50 favorable
• B)$187.50 unfavorable
• C)$375.00 favorable
• D)$375.00 unfavorable

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Definitions:

Expected Return

A synonym for Expected Rate of Return, signifying the profit or loss investors anticipate from an investment, commonly shown as a percentage.

Required Return

The minimum expected return an investor demands for a specific investment, considering the risk associated with it.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Capital Gains Yield

Capital gains yield refers to the price appreciation component of a stock's total return, calculated as the change in stock price divided by the original price.