The Standard Costs and Actual Costs for Factory Overhead for the Manufacture

question 83

Multiple Choice

The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: The amount of the total factory overhead cost variance is:

• A) $2,000 favorable
• B) $5,000 unfavorable
• C) $2,500 unfavorable
• D) $0

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Definitions:

Creative Team

A creative team comprises individuals with various artistic and creative skills working together on projects such as advertising, marketing campaigns, or media production.

Advertisements

Paid announcements or messages in various media intended to inform, persuade, or remind an audience about products, services, or ideas.

Marketing Communications

The various methods and channels used by a company to communicate with its target audience and market its products.

Receiver

The person who reads, hears, or sees and processes the information contained in the message or advertisement.