AFD Production Uses a Predetermined Overhead Rate Based Upon Direct

question 63

Multiple Choice

AFD Production uses a predetermined overhead rate based upon direct labour hours. The firm has the following budgeted and actual data for the current year:
Budgeted factory overhead cost $6000
Actual factory overhead cost $5000
Budgeted direct labour hours 1000
Actual direct labour hours 1100
What was the amount of underapplied or overapplied overhead for the year?

• A) $500 overapplied
• B) $500 underapplied
• C) $1600 underapplied
• D) $1600 overapplied

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Definitions:

Masculinity-femininity Dimension

A cultural dimension that reflects the degree to which gender roles are distinct or overlapping, and the value placed on masculine or feminine traits in a society.

Gender Constancy

The understanding that one's gender is fixed and consistent, regardless of changes in appearance, activities, or attitudes.

Kohlberg's Stages

A theory of moral development proposed by Lawrence Kohlberg, consisting of three levels: Pre-conventional, Conventional, and Post-conventional.

Gender Development

The process by which individuals acquire and internalize the values, behaviors, and norms associated with being male or female in their culture.