Akao Products uses a standard cost system
Overhead costs are allocated based on direct labor hours. In the first quarter, Akao had an unfavorable efficiency variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?
A) The actual number of direct labor hours was lower than the budgeted hours.
B) The actual variable overhead costs were higher than the budgeted costs.
C) The actual variable overhead costs were lower than the budgeted costs.
D) The actual number of direct labor hours was higher than the budgeted hours.
D
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A professor teaches two sections of a class, one on MWF for 50 minutes per day and another on T/TH for 75 minutes per day. Use the following information to construct a scatter diagram with test # on the x-axis and score on the y-axis
Should the professor argue for a change in the university's scheduling? MWF Section Test Results Test # T/Th Test Results 75 1 82 70 2 77 65 3 73 65 4 70 70 5 76
When performing a structured walkthrough, the analyst oversees that others adhere to any roles assigned and assures that any activities scheduled are accomplished
Indicate whether the statement is true or false