Regent,Inc

question 183

Multiple Choice

Regent,Inc.uses the following standard to produce a single unit of its product: overhead $6 (2 hrs.@ $3/hr.) .The flexible budget for overhead is $100,000 plus $1 per direct labor hour.Actual data for the month show overhead costs of $150,000,and 24,000 units produced.The overhead volume variance is:

• A)$10,000 favorable.
• B)$12,000 favorable.
• C)$4,000 unfavorable.
• D)$16,000 unfavorable.
• E)$36,000 unfavorable.

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Definitions:

Salesperson

An individual who sells products or services to customers, aiming to meet their needs and achieve sales targets.

Add Value

Enhancing the worth of a product or service by improving its features, effectiveness, or desirability to increase customer satisfaction.

Increases Sales

The process of boosting the number of products or services sold, often through marketing, promotion, or improving sales tactics.

Excellent Customer Service

The provision of outstanding assistance and support to customers before, during, and after a purchase, exceeding expectations.