Multiple Choice
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
Correct Answer:
Verified
Q43: A debit balance in the labor-efficiency variance
Q83: What was Goodman's actual direct-labor rate?<br>A)$3.60<br>B)$3.80<br>C)$4.00<br>D)$5.80
Q85: In the general model,an efficiency variance
Q88: What is the actual sales revenue?<br>A)$156,000.<br>B)$169,000.<br>C)$180,000.<br>D)$191,000.
Q89: In setting standards,allowances usually include normal inefficiencies
Q90: Is the direct labor efficiency variance favorable
Q92: What is the fixed overhead spending (budget)variance?<br>A)$200<br>B)$400<br>C)$300<br>D)$240
Q97: A variance can best be described as:<br>A)
Q120: Which variance will be unfavorable due to
Q145: In general, and holding all other things