Which of the following is used to calculate total variable overhead variance where voh = variable overhead, svor = standard variable overhead rate, sh = standard hour allowed, and ah = actual direct labor hours used?

a. total voh variance = variable voh – svor × ah
b. total voh variance = fixed voh – svor × ah
c. total voh variance = standard voh – svor × sh
d. total voh variance = actual voh – svor × sh
e. none of these choices are correct.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?