Traveller Corporation Sells One Product and Uses a Standard Cost

question 59

Multiple Choice

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:

Direct Marketing

A marketing strategy where businesses reach out to potential customers directly with advertising messages.

Promotional Activity

Marketing efforts designed to increase awareness, interest, and sales of a product or service through various strategies and channels.

Social Media

Online platforms that allow users to create content, share experiences, interact with each other, and engage with brands.

Publicity Standpoint

A perspective focusing on the creation and maintenance of a positive image or public perception through media exposure and other non-paid forms of communication.