Examlex

Solved

Franklin Glass Works Uses a Standard Cost System in Which

question 105

Multiple Choice

Franklin Glass Works uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. Each unit requires two standard hours of direct labor for completion. The denominator activity for the year was based on budgeted production of 200,000 units. Total overhead was budgeted at $900,000 for the year, and the fixed manufacturing overhead rate was $1.50 per direct labor-hour. The actual data pertaining to the manufacturing overhead for the year are presented below: Franklin Glass Works uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. Each unit requires two standard hours of direct labor for completion. The denominator activity for the year was based on budgeted production of 200,000 units. Total overhead was budgeted at $900,000 for the year, and the fixed manufacturing overhead rate was $1.50 per direct labor-hour. The actual data pertaining to the manufacturing overhead for the year are presented below:   -Franklin's fixed manufacturing overhead volume variance for the year is: A) $6,000 unfavorable B) $19,000 favorable C) $25,000 favorable D) $55,000 unfavorable
-Franklin's fixed manufacturing overhead volume variance for the year is:

Recognize the role of self-disclosure in therapy and its purpose according to person-centered counseling.
Identify process-oriented goals in therapy and their significance in person-centered counseling.
Understand diverse approaches to branding and their implications for consumer behavior.
Identify the role of consumer self-concept in brand selection and loyalty.

Definitions:

Performance Appraisal

Performance appraisal is a systematic evaluation process by which an employee's job performance is assessed, typically involving an analysis of various aspects of work behavior and outcomes, aimed at informing decisions related to promotions, pay, and development.

Employee-manager Process Review

An assessment or evaluation of the interactions and procedures between employees and their managers, aimed at enhancing efficiency and effectiveness.

Employer Branding

The process of promoting a company or an organization as the employer of choice to a desired target group, one which a company needs and wants to recruit and retain.

Attract New Employees

Strategies and practices used by organizations to appeal to potential candidates and encourage them to apply for job openings.

Related Questions