The standard rate per unit equals the variable portion of the predetermined overhead rate.
The Standard rate per unit refers to the accepted or budgeted rate per unit for a cost.
The Standard rate per unit is different from Actual rate per unit because Standard rate is the estimated rate while Actual rate is the realized rate.
Variable overhead are the costs of operation which fluctuates with the level of the business/manufacturing activity.
Therefore, Option A is correct because the standard rate per unit which is expected to be paid for the variable overhead equals the predetermined overhead rate.
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Answer:
The correct option is C,the actual cost of materials was less than the standard cost.
Explanation:
Standard cost is the guesstimate cost of a process,material or item in a manufacturing outfit which is compared to actual cost such that variances between both can be further investigated.
In this case,favorable material purchase price variance is $380, while unfavorable materials quantity variance of $120, which implies that the net effect is a favorable material purchase price variance of $260($380 minus $120).
Intuitively,the closet option to the net variance impact, is that actual cost of material was less than the standard cost.
Answer:
The correct answer is letter "B": cannot prove a hypothesis to be true.
Explanation:
The scientific method is the proper procedure or instrument of science to obtain an explanation of things. Thanks to the scientific method it is possible to manage, combine, and use those things. Besides, it allows us to prove if a hypothesis deserves to be considered a Law. Without proof, the scientific method cannot prove if a hypothesis is true.
Answer:
A. True is the correct answer.
Explanation: