Management accounting

ment/take/take.jsp? course_assessment_id=_78029_1&course_id=_43908_18content_id=_3611603_18/question rum 22 x=0. Remaining Time: 1 hour, 39 minutes, 23 seconds. QUESTION COMPLETION STATUS: Moving to another question will save this response. Question 22 Question 22 of 50 3 Asset Rich Ltd is a capital-intensive firm. Indirect costs make up nearly 70% of the product costs. The company has no direct material costs because customers provide the direct materials used for each job. To plan 1 points and control such costs, the firm employs flexible budgets and standard costs. Overhead rates, based on direct labour hours, are derived from the master budget. Master Budget Actual Results 4 Units produced 1,000 3,620 Direct Labour Hours 10.000 11,000 Fixed Overhead $200,000 $205,000 Variable Overhead $320,000 $355,000 Direct Labour $200,000 $180,000 The fixed overhead production volume variance was: Q 2. $19,000 U O b. $5,000 U O c. $19,000 F Od. $24.000 F Question 22 of 50 Moving to another question will save this response. ENG 6:01 PM 11/06/2020 to search