(Appendix 11A)A Furniture Manufacturer Uses a Standard Costing System in Which

question 32

Multiple Choice

(Appendix 11A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity.Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The fixed manufacturing overhead volume variance for the period is closest to:

• A)$2, 720 U
• B)$1, 225 F
• C)$2, 811 U
• D)$3, 945 U

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Definitions:

Loans

A sum of money that is borrowed and is expected to be paid back with interest.

Democratic Allies

Nations or groups that share and support democratic values and principles, often working together on international issues.

Soviet Union

A former federative socialist state in Eurasia that existed from 1922 to 1991, known officially as the Union of Soviet Socialist Republics (USSR).

Communist-Allied

Referring to entities, organizations, or countries that are aligned with or support Communist ideologies or parties.