Because fixed overhead is made up of many items:
A) the fixed overhead spending variance is not meaningful.
B) it is not possible to calculate a fixed overhead volume variance.
C) the fixed overhead volume variance will always be unfavorable.
D) a line by line comparison of budgeted costs with actual costs provides more information.
E) all of these are true.
D
You might also like to view...
Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts:
Accounts Receivable $25,000 Inventories 60,000 Copyright 20,000 Investments 45,000 Prepaid Insurance 9,000 Note receivable, due in two years 75,000 Cash in Bank 5,500 Investments are treasury bills that were purchased in May and mature on August 15. Prepaid insurance is a three year policy that was purchased on July 31. The amount that should be classified as current assets in the July 31 balance sheet is ________. A) $144,500 B) $138,500 C) $93,500 D) $213,500
All of these are examples of supportive practices used by organizations that help employees manage and balance the demands that exist for them in their jobs except:
A. compressed workweek. B. full-time telecommuting. C. on-site child care. D. primary appraisal. E. flextime.