Question 1
Which of the following journal entries is used to record actual variable overhead costs incurred?
◦ Accounts Payable
Variable Overhead Control
◦ Variable Overhead Control
Accounts Receivable
◦ Work-in-Process Control
Variable Overhead Control
◦ Variable Overhead Control
Accounts Payable and various other accounts
Question 2
Zitrik Corporation manufactured 110,000 buckets during February. The variable overhead cost-allocation base is $5.45 per machine-hour. The following variable overhead data pertain to February:
| Production | 110,000 units | 110,000 units |
| Machine-hours | 10,500 hours | 10,000 hours |
| Variable overhead cost per machine-hour | $5.55 | $5.45 |
What is the variable overhead spending variance?
◦ $1,050 favorable
◦ $1,000 unfavorable
◦ $1,050 unfavorable
◦ $1,000 favorable
Generation of diversity by variable V-J joining mechanisms
If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ...
February 1st 2024
February 1st 2024
February 2 2024