Examlex

Solved

What Is the Fixed Overhead Spending (Budget)variance A) $200
B) $400

question 108

Multiple Choice

What is the fixed overhead spending (budget) variance?  Actual machine hours 840 Standard machine hours allowed 900 Denominator activity (machine hours)  1,000 Actual fixed overhead costs $3,800 Budgeted fixed overhead costs $4,000 Predetermined overhead rate ( $1 variable +$4$5 fixed)  \begin{array} { l | r | } \hline \text { Actual machine hours } & 840 \\\hline \text { Standard machine hours allowed } & 900 \\\hline \text { Denominator activity (machine hours) } & 1,000 \\\hline \text { Actual fixed overhead costs } & \$ 3,800 \\\hline \text { Budgeted fixed overhead costs } & \$ 4,000 \\\hline \text { Predetermined overhead rate ( } \$ 1 \text { variable } + \$ 4 & \$ 5 \\\text { fixed) } & \\\hline\end{array}

Grasp the basic structure and function of animal nervous systems.
Recognize the ecological roles and adaptations of parasites within ecosystems.
Understand the importance of segmentation in animal body plans and its implications for movement and organ development.
Analyze the adaptations involved in transitioning between feeding strategies amongst animals.

Definitions:

Discontinued Segment

A part of a business that has been sold off, shut down, or is no longer operating as a distinct unit.

Trend Percentages

Analysis technique that involves calculating the percentage change for a financial statement item over a period of time to identify patterns or trends.

Cost of Goods Sold

The direct financial outlays involved in creating a company's goods for sale, encompassing labor and material costs.

Acid-Test Ratio

A stringent measure of liquidity that indicates a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Related Questions