(Appendix 11A)Traveller Corporation Sells One Product and Uses a Standard

question 59

Multiple Choice

(Appendix 11A) 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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Definitions:

Social Services

A range of public services provided to support the well-being of individuals and communities, often focusing on the vulnerable.

Electricity Off

A situation where electrical power is unavailable due to various reasons such as maintenance or a power cut.

Transmission Of Pathogens

The process by which infectious agents are spread from one person to another, through direct contact, indirect contact, or through the air.

Wash Hands

The act of cleaning the hands with water and soap to remove dirt, germs, and bacteria to prevent illness.