Cabot Company Collected the Following Data Regarding Production of One

question 137

Multiple Choice

Cabot Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance.

• A) $18,300 favorable.
• B) $18,000 favorable.
• C) $18,000 unfavorable.
• D) $18,300 unfavorable.
• E) $14,300 unfavorablE.Actual fixed overhead costs = $338,000

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Definitions:

Personal Space Zones

The physical space immediately surrounding individuals which they consider their personal area, the intrusion of which can lead to discomfort or anxiety.

Subordinates

Individuals who are lower in rank or position and are subject to the authority and control of another.

Social Zone

An area or space where social interactions and relationships are fostered, encouraged, or take place.

Psychological Space

A mental or emotional area that individuals create for themselves, characterized by personal boundaries, privacy, and a sense of personal identity.