In 2011,Hal Furnishes More Than Half of the Support of His

question 19

True/False

In 2011,Hal furnishes more than half of the support of his ex-wife and her father,neither of whom lives with him.The divorce occurred in 2010.Hal may claim the father-in-law and the ex-wife as dependents.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials and the standard cost, multiplied by the quantity purchased.

Ounces

A unit of weight commonly used in the United States and the United Kingdom, equal to one-sixteenth of a pound.

Labor

The human effort, both physical and intellectual, used in the creation of goods and services.

Labor Rate Variance

The difference between the actual labor costs and the standard labor costs expected for the actual production achieved.