Examlex

Solved

Reference: 21_07
Montaigne Corp -The Volume Variance Is:
A) $1,295U
B) $1,295F
C) $2,400U

question 62

Multiple Choice

Reference: 21_07
Montaigne Corp. has the following information about its standards and production activity in November:
 Actual total factory overhead incurred $28,175 Standard factory overhead: Variable overhead  $3.10 per unit& produced Fixed overhead ($12,000/6,000 estimated units to be produced)  $2 per unit  Actual units produced  4,800 units\begin{array}{llr} \text { Actual total factory overhead incurred } &\$28,175\\ \text { Standard factory overhead:} &\\ \text { Variable overhead } &\text { \( \$ 3.10 \) per unit}\\\& \text { produced}\\ \text { Fixed overhead} &\\ \text { \( (\$ 12,000 / 6,000 \) estimated units to be produced) } &\text { \( \$ 2 \) per unit }\\ \text { Actual units produced } &\text { 4,800 units}\\\end{array}

-The volume variance is:


Definitions:

Asia-Pacific Region

A geographical area in the Western Pacific that includes East Asia, South Asia, Southeast Asia, and Oceania.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal amount.

Power Distance

A cultural dimension that describes the extent to which individuals in a society accept and expect power to be distributed unequally.

Full-time Work

Employment in which individuals work a minimum number of hours defined by their employer as full-time, typically around 40 hours per week.

Related Questions