Hogle Mfg Co

question 12

Multiple Choice

Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded: Units produced 3,100
Units sold 2,800
Machine hours required 12,800
Actual overhead costs $136,000
The variable overhead efficiency variance was:

• A)$8,000 U
• B)$4,000U
• C)$2,000 U
• D)$4,000 F

Realize the impact of schooling on cognitive development and the acquisition of cognitive strategies.

Awareness of the influence of beliefs about personal abilities on academic orientation and performance.

Understand the differences in academic achievement among children from immigrant families and the factors influencing it.

Comprehend how nonschooled and schooled children differ in memory and logical thinking tasks.

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Definitions:

Video Game Rentals

A service that allows consumers to borrow video games for a limited period of time for a fee.

Pokemon Cards

Collectible cards based on the Pokémon franchise, used for playing the Pokémon Trading Card Game.

Production Possibilities Curve

A graphical representation showing the maximum combination of goods and services that can be produced with a fixed amount of resources.

Capacity

The maximum output level that a firm, industry, or economy can sustain under the current conditions.