Question
1.a fixed overhead rate based on_______ highlights for management attention the cost of unutilized capacity. a. budgeted production b practical capacity c utilized capacity d.
1.a fixed overhead rate based on_______ highlights for management attention the cost of unutilized capacity. a. budgeted production b practical capacity c utilized capacity d. actual production
2. the formula AQ x (SP - AP) is the: a. direct materials spending variance b. direct materials volume variance c. direct materials price variance d. direct materials quantity variance
3. the formula SP x (SQ - AQ) is the: a. direct materials spending variance b. direct materials volume variance c. direct materials price variance d. direct materials quantity variance
4. Delaware corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for variable overhead and $46,440 for fixed overhead. Delaware corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. what would declares fixed overhead cost be if it used a flexible budget for the period based on actual sales? a. 43,200 b. 46,440 c. 49,923 d. 166,410
please help thanks!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started