Vette Tie Corporation Has Developed the Following Manufacturing Overhead Standards

question 6

Multiple Choice

Vette Tie Corporation has developed the following manufacturing overhead standards to use in applying overhead to the production of its hand-painted silk ties. Manufacturing overhead at Vette is applied to production on the basis of standard direct labor-hours (DLHs) . The above standards were based on an expected annual volume of 60,000 ties. The actual results for last year were as follows: What total amount of manufacturing overhead cost (variable and fixed) did Vette apply to the 58,000 ties produced during the year?

• A)$1,276,000
• B)$1,403,600
• C)$1,421,200
• D)$1,452,000

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Definitions:

Ethical Behavior

The conduct that is consistent with what individuals or society determine is right, moral, and fair.

Competitive Advantage

A condition or circumstance that places a company in a favorable or superior business position compared to its competitors.

Creating Good Messages

The process of crafting effective and meaningful communications for a specific audience or purpose.

Ethical Misconduct

Behavior that goes against established moral principles or professional standards.