Answer the Following Questions Using the Information Below

question 112

Multiple Choice

Answer the following questions using the information below:
Tunney Corporation incurred fixed manufacturing costs of $7,200 during 2011. Other information for 2011 includes:
The fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold.
-Under absorption costing, the production-volume variance is:

• A)$450
• B)$1,350
• C)$1,800

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Definitions:

General Adaptation Syndrome

A framework that outlines how the body responds to stress over both immediate and extended periods, identified by three phases: alarm, resistance, and exhaustion.

Endocrine Activity

The function of glands that secrete hormones directly into the bloodstream to regulate various bodily processes.

Resistance Stage

The second phase of the stress response, where the body tries to adapt to the stressor.

Approach-avoidance Conflict

A psychological situation where an individual is simultaneously attracted to and repelled by the same goal or object, often leading to stress and indecision.