The Following Standard Overhead Costs Were Developed for One of the Products

question 132

Essay

The following standard overhead costs were developed for one of the products of Windrun Company:
The following information is available regarding the company's operations for the period:
$\begin{array}{llr}\text { Variable overhead: } & 5 \text { hours } \times \$ 4 \text { per hour } & 20.00 \\\text { Fixed overhead: } & 5 \text { hours } \times \$ 15 \text { per hour } & 75.00 \\\text { Total standard overhead cost per unit } & & \$ 95.00\end{array}$ Budgeted fixed overhead for the period is $1,350,000,and the standard fixed overhead rate is based on expected capacity of 90,000 direct labour hours.
Required:
$$\begin{array} { l l } \text { Units produced } & 20,000 \\\text { Direct labour } & 115,000 \text { hours } \\\text { Overhead incurred: } &\\\text { Variable } & \$ 437,500 \\\text { Fixed } & \$ 1,320,000\end{array}$$ A. Calculate the variable overhead spending variance and indicate whether it is favourable or unfavourable.
B. Calculate the variable overhead efficiency variance and indicate whether it is favourable or unfavourable.
C. Calculate the fixed overhead spending variance and indicate whether it is favourable or unfavourable.
D. Calculate the fixed overhead volume variance and indicate whether it is favourable or unfavourable.

Understand the causes and types of hearing loss and the function of cochlear implants.

Analyze the process by which sounds are transmitted from the ear to the brain.

Identify the impact of damage to the auditory system components on hearing.

Grasp the principles underlying the perception of pitch and loudness.

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Definitions:

First Amendment

An amendment to the United States Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

American Civil Liberties Union

Organization founded during World War Ⅰ to protest the suppression of freedom of expression in wartime; played a major role in court cases that achieved judicial recognition of Americans’ civil liberties.

Individual Rights

Fundamental freedoms entitled to every person, often protected by law and constitutions, emphasizing personal liberties and autonomy.

World War I

World War I, also known as the First World War or the Great War, was a global conflict that took place from 1914 to 1918, principally fought between the Allies and the Central Powers, marked by trench warfare and the extensive use of new military technologies.