(Appendix 11A)Odonell Corporation Estimates That Its Variable Manufacturing Overhead Is

question 21

Multiple Choice

(Appendix 11A) Odonell Corporation estimates that its variable manufacturing overhead is $11.20 per machine-hour and its fixed manufacturing overhead is $563, 640 per period. If the denominator level of activity is 6, 000 machine-hours, the fixed component in the predetermined overhead rate would be:

• A)$1, 120.00 per machine-hour
• B)$11.20 per machine-hour
• C)$93.94 per machine-hour
• D)$105.14 per machine-hour

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Definitions:

Latent Learning

Learning that occurs without any obvious reinforcement and is not demonstrated until there is an incentive to perform.

Insight Learning

A cognitive process where an individual suddenly realizes how to solve a problem without trial-and-error, often seen as a form of intuitive understanding.

Punishment By Removal

The punishment of a response by the removal of a pleasurable stimulus.

Negative Reinforcement

A response or behavior is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.