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Answer the Following Questions Using the Information Below:
Alice Springs

question 71

Multiple Choice

Answer the following questions using the information below:
Alice Springs Corporation manufactures industrial-sized water coolers and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information pertains to the company's manufacturing overhead data:
 Budgeted output units 20000 units  Budgeted machine-hours 6000 hours  Budgeted variable manufacturing overhead costs for 20000 units $161250 Actual output units produced 24000 units  Actual machine-hours used 7200 hours  Actual variable manufacturing overhead costs $242000\begin{array} { l r } \text { Budgeted output units } & 20000 \text { units } \\\text { Budgeted machine-hours } & 6000 \text { hours } \\\text { Budgeted variable manufacturing overhead costs for } 20000 \text { units } & \$ 161250 \\& \\\text { Actual output units produced } & 24000 \text { units } \\\text { Actual machine-hours used } & 7200 \text { hours } \\\text { Actual variable manufacturing overhead costs } & \$ 242000\end{array}
-What is the flexible-budget variance for variable manufacturing overhead?

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Definitions:

Forecasts Characteristics

Features or attributes of predictions about future events, such as demand or market trends, including accuracy, reliability, and timeliness.

Solver

In computational mathematics, a solver is an algorithm or software application used to solve mathematical, engineering, or logistical problems.

Mean Absolute Deviation

A statistical measure that summarizes the absolute differences between individual data points and their mean, indicating data variability.

Mean Absolute Deviation

A statistical measure of the average absolute deviations from a central point, typically the mean or median.

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