Answer the Following Questions Using the Information Below

question 30

Multiple Choice

Answer the following questions using the information below:
Jenny's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March:

-What is the fixed overhead production-volume variance?

• A)$1,000 unfavorable
• B)$2,000 favorable
• C)$3,000 unfavorable
• D)$5,000 favorable

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Definitions:

Aerobic Respiration

A metabolic process that uses oxygen to generate ATP by breaking down glucose and other nutrients; it occurs in the mitochondria.

ATP

Adenosine triphosphate, commonly referred to as ATP, is vital for transferring energy in cells to power metabolic functions.

Myoglobin

A red protein containing heme that carries and stores oxygen in muscle cells, very similar in structure to hemoglobin.

Muscle Tissue

A type of body tissue that contracts to produce movement, found throughout the body and classified into skeletal, cardiac, and smooth types.