Claymore Corp A) $2,400F

question 209

Multiple Choice

Claymore Corp. has the following information about its standards and production activity for September. The volume variance is: $\begin{array}{lll} \text { Actual total factory overhead incured } &\$28,175\\ \text {Standard factory overhead: } &\\ \text { Variable overhead } &\$3.10&\text { per unit produced }\\ \text { Fixed overhead } &\\ \text { \( \$ 12,000 / 6,000 \) estimated units to be produced } &\$2&\text {per unit}\\ \text { Actual units produced } &4,800&\text { units}\\\end{array}$

• A) $2,400F.
• B) $3,695U.
• C) $1,295U.
• D) $1,295F.
• E) $2,400U.

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Definitions:

Weighted Average

An average that takes into account the relative importance or weight of each value in the data set.

Purchase Price

The amount of money paid or agreed to be paid to buy something.

Stock Price

The cost or value of a single share of a company's stock, fluctuating based on supply and demand in the market.

Median

The middle value in a sorted list of numbers.