If the Standard to Produce a Given Amount of Product

question 156

True/False

If the standard to produce a given amount of product is 16,000 hours at a factory overhead rate of $5 ($3 fixed,$2 variable),actual variable factory overhead was $26,400,actual fixed factory overhead was $45,000,and 100% of productive capacity is 15,000 hours,the volume variance was $3,000 favorable.

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Definitions:

Influenced

Being influenced refers to having one's behavior, actions, or thoughts altered or directed by forces or opinions outside of oneself.

Authoritative Parents

A parenting style characterized by high responsiveness and high demands, balancing clear, strict guidelines with emotional support and recognition of independence.

Personality Development

The growth and development of the organized pattern of behaviors and attitudes that makes a person distinctive.

Biological Parents

The parents who contributed the genetic material to the creation of an offspring.