When Machine-Hours Are Used as a Cost Allocation Base, the Item

question 144

Multiple Choice

When machine-hours are used as a cost allocation base, the item MOST likely to contribute to a favourable production-volume variance is

• A)an increase in the selling price of the product.
• B)the purchase of a new manufacturing machine costing considerably less than expected.
• C)a decline in the cost of energy.
• D)strengthened demand for the product.
• E)a competitor lowering the price of a similar product.

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Definitions:

Penis Envy

A concept in Freudian psychoanalysis describing a supposed emotion in which females envy males for having a penis, symbolically representing power or privilege.

Latent Content

In psychoanalytic theory, the hidden psychological meaning behind the manifest content of dreams or expressions.

Manifest Content

In psychoanalytic theory, the apparent story, events, or imagery of a dream as remembered by the dreamer, distinguished from the hidden meaning or latent content.

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A psychoanalytic theory describing a girl's sense of competition with her mother for the affection of her father.