Adams, Inc

question 120

Multiple Choice

Adams, Inc., uses the following standard to produce a single unit of its product: Overhead (2 hrs. @ $3/hr.) = $6
The flexible budget for overhead is $100,000 plus $1 per direct labor hour. Actual data for the month show overhead costs of $150,000 based on 24,000 units of production. The overhead volume variance is:

• A) $10,000 favorable.
• B) $12,000 favorable.
• C) $4,000 unfavorable.
• D) $16,000 unfavorable.
• E) $36,000 unfavorable.

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Definitions:

Validation Rules

Constraints set on data entry in database fields to ensure data integrity and accuracy.

Range Of Values

The difference between the highest and lowest numbers in a dataset.

Remove Filter Command

A command or function in software that disables currently applied filters, displaying all data or content.

Foreign Key

A field (or collection of fields) in one table, that uniquely identifies a row of another table or the same table, used to establish and enforce a link between the data in the two tables.