Answer the Following Questions Using the Information Below

question 100

Multiple Choice

Answer the following questions using the information below:
Gus Corporation manufactured 10,000 golf bags during April. The fixed overhead cost-allocation rate is $40.00 per machine-hour. The following fixed overhead data pertain to March:

-An unfavorable production-volume variance of $20,000 indicates that the company has:

• A)unused fixed manufacturing overhead capacity
• B)overallocated $20,000 of fixed manufacturing overhead costs
• C)$20,000 more capacity than needed
• D)an economic loss of $20,000 from selling fewer products than planned

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Definitions:

Minority Judgment

The influence a minority opinion might have on changing or impacting the majority's viewpoint in a group.

Consistent Opinion

A viewpoint that remains stable and unchanged over time, reflecting a strong conviction or belief.

Minority Influence

The process by which dissenters (or numerical minorities) produce attitude change within a group, despite the extraordinary risk of social rejection and disturbance of the status quo.

Consistency

The quality of being uniform, unchanging, and reliable in nature, often considered a virtue in various contexts.