Answer the Following Questions Using the Information Below:
Wagga Wagga

question 132

Multiple Choice

Answer the following questions using the information below:
Wagga Wagga Corporation manufactured 30 000 eskies during September.The overhead cost-allocation base is $12.50 per machine-hour.The following variable overhead data pertain to September:
$$\begin{array} { l r r } & \text { Actual } & \text { Budgeted } \\\text { Production } & 30000 \text { units } & 24000 \text { units } \\\text { Machine-hours } & 15000 \text { hours } & 10800 \text { hours } \\\text { Variable overhead cost per machine-hour: } & \$ 12.00 & \$ 12.50\end{array}$$
-What is the variable overhead spending variance?

• A)$7500 favourable
• B)$13 125 unfavourable
• C)$16 875 unfavourable
• D)$30 375 unfavourable

Understand and apply the addition rule of probability.

Recognize examples of probability in everyday situations.

Understand the importance of probability in hypothesis testing.

Distinguish between different types of hypotheses (null and alternative).

---

Definitions:

Interdependent Individuals

Persons whose success and well-being are mutually reliant on one another, often seen within teams or close relationships.

Conflicting Goals

Pertains to situations where different objectives or aims are at odds with each other, creating a dilemma or challenge.

Collaborating Style

A cooperative approach in conflict resolution or teamwork wherein parties work together to find solutions that satisfy all involved.

Cooperation

The action or process of working together to the same end, often seen as essential for team success and organizational achievement.