Assume the following: The variable portion of the predetermined overhead rate is $2.40 per...
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Assume the following: The variable portion of the predetermined overhead rate is $2.40 per direct labor-hour. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The total actual variable manufacturing overhead cost for the period was $63,000. The company produced 15,000 units of finished goods during the period. What is the variable overhead efficiency variance? Multiple Choice $2,400 U $2,400 F $2,331 U $2,331F Assume that a company has decided to include "employee turnover" and "residual income as performance measures within its balance scoreca Which of the following choices reflects management's most likely expectations regarding how these measures should change over time? Rewidual Employee turnover Income A) B) c) D Increase Increase Decrease Decrease Increase Decrease Increase Decrease Multiple Choice Choice A Choice Choiced Choice Economic value added (EVA) is an adaptation of: Multiple Choice Residual income. Return on investment (ROI). Margin. O Turnover
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