Answer the Following Questions Using the Information Below

question 34

Multiple Choice

Answer the following questions using the information below:
For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 70,000.
-What is the difference between the budgeted and the actual manufacturing overhead using job costing?

• A) $0.20
• B) $0.50
• C) $1.00
• D) $1.20

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Definitions:

Taste Receptor

Specialized sensory cells located on the tongue that process and transmit the sensation of taste to the brain.

Umami

One of the five basic tastes, alongside sweet, sour, bitter, and salty, often described as savory or meaty, and typically produced by foods containing glutamate.

Homeostatic Model

A theoretical construct that describes how biological systems maintain stability and internal balance in response to external changes.

Internal Environment

Refers to the stable conditions within the body or a biological system that allow for the proper functioning of cells and organs.