Answer the Following Questions Using the Information Below

question 53

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:

• A)is not a good measure of a lost production opportunity
• B)measures the total economic gain or loss due to unused capacity
• C)measures the amount of extra fixed costs planned for but not used
• D)takes into account the effect of additional revenues due to maintaining higher prices

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Definitions:

Opiates

A group of drugs derived from opium, used for their analgesic, narcotic, and sedative properties.

Heroin

An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, known for its highly addictive properties.

Withdrawal Symptoms

Physical or psychological symptoms that follow the abrupt discontinuation or decrease in intake of a substance.

Endorphins

Neurotransmitters produced in the brain that act as natural painkillers and are also involved in feelings of pleasure or euphoria.