The Cost of Available but Unused Productive Capacity Is Indicated

question 4

Multiple Choice

The cost of available but unused productive capacity is indicated by the:

• A)fixed factory overhead volume variance.
• B)direct labor cost time variance.
• C)direct labor cost rate variance.
• D)variable factory overhead controllable variance.

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Definitions:

Parliamentary Supremacy

The principle that the legislative body of a country has the highest authority over all other governmental institutions, including the judiciary.

Supervising Government Decision Makers

The oversight of individuals or bodies that make policy and regulatory decisions within the government framework.

Writ of Certiorari

A court order that requests the lower court to deliver its record in a case so the higher court can review it.

Mandamus

A legal order directed from a higher court to a lower court, or mandating an individual to carry out a duty required by law.