Answer the Following Questions Using the Information Below:
Wagga Wagga

question 145

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 actual variable overhead cost?

• A)$121 500
• B)$151 875
• C)$180 000
• D)$168 750

Interpret the overarching themes and messages conveyed through narrative essays.

Understand basic probability models and how to calculate probabilities.

Learn to create probability models for various scenarios.

Apply the principle of expected value in different contexts.

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Definitions:

Project Rejection

The process of declining to move forward with a project after evaluating its feasibility, risks, and potential returns.

Operating Asset

An asset used in the daily operations of a business that contributes to generating income.

Plant Expansion

The process of increasing the capacity or capability of an existing manufacturing or production facility.

Return On Investment

measures the gain or loss generated on an investment relative to the amount of money invested, indicating the efficiency of the investment.