Zacher Corporation Makes a Product with the Following Standards for Direct

question 104

Multiple Choice

Zacher Corporation makes a product with the following standards for direct labor and variable overhead: In February the company's budgeted production was 6, 900 units, but the actual production was 7, 000 units.The company used 1, 980 direct labor-hours to produce this output.The actual variable overhead cost was $10, 296.The company applies variable overhead on the basis of direct labor-hours. The variable overhead rate variance for February is:

• A)$420 U
• B)$420 F
• C)$396 F
• D)$396 U

Calculate the future value of investments using the formula for compound interest.

Determine the present value of future amounts to achieve specific financial goals.

Apply concepts of time value of money in various financial planning scenarios.

Use financial tables or calculators to solve time value of money problems.

---

Definitions:

Afterimage

An afterimage is a visual impression that persists as a negative or positive image on the retina after the stimulus that caused it is no longer present.

Red Square

A famous city square in Moscow, Russia, known for its historical buildings and for being a symbolic center of the Russian government.

White Surface

A surface that reflects most wavelengths of light, appearing white to the human eye.

Opponent-Process Theory

A theory of emotion and motivation that suggests emotions are paired and when one is experienced, the other is suppressed, leading to emotional balance.