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

question 173

Multiple Choice

Use the information below to answer the following question(s) .Low-Cost Rentals Ltd.incurred $60,000 of common fixed costs and $90,000 of common variable costs.Data are provided below for the capacity allowed and the capacity used. For both departments, common fixed costs are to be allocated on the basis of capacity available and common variable costs are to be allocated on the basis of capacity used.
-The costs of unused capacity are highlighted when

• A)actual usage based allocations are used.
• B)budgeted usage allocations are used.
• C)practical capacity based allocations are used.
• D)the dual-rate cost allocation method allocates fixed costs based on actual usage.
• E)variable cost variances are evaluated.

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Definitions:

Personality Development

The ongoing evolution and changes in personal characteristics, traits, and behaviors over the course of an individual's life.

Carl Jung

A psychiatrist and psychoanalyst from Switzerland who established the field of analytical psychology and is renowned for his theories on the collective unconscious and archetypes.

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Proposed explanations made on the basis of limited evidence as a starting point for further investigation.

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The act of forecasting future events or trends based on current or past data.