Kris Company Calculates Its Predetermined Rates Using Practical Volume, Which

question 109

Multiple Choice

Kris Company calculates its predetermined rates using practical volume, which is 325,000 units.The standard cost system allows 3 direct labor hours per unit produced.Overhead is applied using direct labor hours.The total budgeted overhead is $4,260,000, of which $994,000 is fixed overhead.The actual results for the year are as follows:

- Calculate the applied fixed overhead.

• A) $973,080
• B) $855,030
• C) $964,000
• D) $910,000
• E) None of these.

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The process by which an individual is systematically excluded or disregarded by their peers.

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The manner in which an athlete executes or accomplishes a particular physical task or activity, often measured against set criteria.

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A condition characterized by excessive body fat that increases the risk of health problems.