The fixed factory overhead application rate is a function of a predetermined activity level.If standard hours allowed for good output equal this predetermined activity level for a given period,the volume variance will be (CPA adapted)
A) Zero.
B) Favorable.
C) Unfavorable.
D) Either favorable or unfavorable,depending on the budgeted overhead.
Correct Answer:
Verified
Q87: Dickey Company had total underapplied overhead of
Q88: What is the fixed overhead spending (budget)variance
Q90: The standard unit cost is used in
Q91: What is the production volume variance?
A)$200
B)$400
C)$300
D)$240
Q93: Is the fixed overhead spending (budget)variance favorable
Q94: In analyzing company operations,the controller of the
Q95: The budget for the month of May
Q96: What is the fixed overhead spending (budget)variance?
A)$200
B)$400
C)$300
D)$240
Q97: Which of the following organizational policies is
Q106: Which one of the following variances is
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