Traveller Corporation Sells One Product and Uses a Standard Cost

question 59

Multiple Choice

Traveller Corporation sells one product and uses a standard cost system. Last year the overhead volume variance was zero. Which of the following is correct?

• A)Actual variable manufacturing overhead cost was equal to standard variable manufacturing overhead cost.
• B)Total applied overhead was equal to total actual overhead.
• C)The denominator activity was equal to actual activity.
• D)The budgeted fixed costs were equal to the applied fixed costs.

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Strategies and activities executed across social media platforms to achieve specific organizational goals.

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The practice of analyzing social media platforms to gauge the performance and impact of content, campaigns, and strategies.

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Essential or of critical importance in a particular context.

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An estimation of income and expenditure for a set period of time, often used to plan for financial resources in businesses or personal finance.