Question 6 Not yet answered Wave Fashions uses standard costs for its manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the total fixed overhead variance. Marked out of 2.00 $36,000 $24,500 $28,000 P Flag question Actual fixed overhead Budgeted fixed overhead Allocated fixed overhead Standard overhead allocation rate Standard direct labor hours per unit Actual output $7.00 2.00 DLHO 2000 units Select one: O A. $14,000 V O B. $14,000 F O C. $8000 F 0 D, $8000 U Question 7 Not yet Cavalaris Products uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Cavalaris had an unfavorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance? answered Marked out of 2.00 P Flag question Select one: O A. The actual number of direct labor hours was lower than the budgeted hours. O B. The actual variable overhead costs were higher than the budgeted costs, OC. The actual variable overhead costs were lower than the budgeted costs. O D. The actual number of direct labor hours was higher than the budgeted hours. Question 8 Not yet Last year, Perkins Company spent $25,000 on employee training to improve customer service. The cost and time spent on training is considered a answered Marked out of 2.00 Select one: O A. opportunity cost O B. sunk cost P Flag question O C. avoidable costs O D. relevant cost