Examlex

Solved

Use the Information Below to Answer the Following Question(s)

question 91

Multiple Choice

Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis.
b.Budgeted amounts for April are:
Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis. b.Budgeted amounts for April are:    C.Actual amounts for April are:    -What is the variable manufacturing overhead efficiency variance? A) $80,000 favourable B) $80,000 unfavourable C) $101,200 favourable D) $101,200 unfavourable E) $181,200 favourable C.Actual amounts for April are:
Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis. b.Budgeted amounts for April are:    C.Actual amounts for April are:    -What is the variable manufacturing overhead efficiency variance? A) $80,000 favourable B) $80,000 unfavourable C) $101,200 favourable D) $101,200 unfavourable E) $181,200 favourable
-What is the variable manufacturing overhead efficiency variance?


Definitions:

Outlier

An observation in data that is significantly distant from the rest of the observations, often indicating a measurement or entry error, or a novel or extreme value.

Positively Associated

A relationship between two variables where they move in the same direction, implying that as one variable increases, the other one also increases.

Above-average Values

Above-average values refer to data points or observations that exceed the average or mean value of the data set.

Scatterplot

A scatterplot is a graphical representation used to display the relationship between two variables, with data points plotted on a Cartesian coordinate system.

Related Questions