Rising,Inc

question 122

Multiple Choice

Rising,Inc.,uses the following standard to produce a single unit of its product:
Overhead (2 hrs.@ $3/hr.) = $6
The flexible budget for overhead is $100,000 plus $1 per direct labor hour.Actual data for the month show overhead costs of $150,000 based on 24,000 units of production.The overhead volume variance is:

• A) $10,000 favorable
• B) $12,000 favorable
• C) $4,000 unfavorable
• D) $16,000 unfavorable
• E) $36,000 unfavorable

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Definitions:

Work Experience

The history of employment, including jobs held and skills acquired, typically considered by employers during hiring.

Employment Policies

Guidelines and rules established by organizations governing workplace practices and employee behaviors.

Promotions And Advancement

Opportunities for employees to progress to higher positions or job levels within an organization.

Work Environment

The setting, conditions, and culture in which an individual performs their job.