Sampson Apparel Inc

question 46

Multiple Choice

Sampson Apparel Inc. Sampson Apparel Inc. incurred actual variable overhead expenses of $20,000 in the current year for the production of 5,000 units. Variable overhead was applied at a rate of $1.50 per direct labor hour and 2 direct labor hours were budgeted for each unit. The company used 9,000 direct labor hours for production.
Refer to the Sampson Apparel Inc. information above. What was Sampson's variable overhead spending variance?

• A) $6,500 U
• B) $6,500 F
• C) $1,500 U
• D) $1,500 F

Identify strategies for educators to support families going through divorce and the importance of inclusivity in family-school communications.

Understand the distinct challenges and strengths of children from single-parent families and how these can impact their educational experience.

Recognize the impact of parental conflict levels on children's well-being post-divorce.

Gain insight into legal and social definitions of family structures and their implications for educational and social services.

---

Definitions:

Owner's Equity

The owner's rights to the assets of a business, minus the liabilities owed to outsiders.

Net Income

The profit amount a company achieves after all its expenses and taxes have been subtracted from its revenue stream.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' share.

Liabilities

Economic obligations or debts that an entity owes to external parties, which must be settled over time through the transfer of economic benefits including money, goods, or services.