At the beginning of the year, Zinc Inc. estimated that overhead would be $115,000 and direct labor hours would be 23,000. At the end of the year, actual overhead was $175,900 and there were actually 35,000 direct labor hours.

What is the overhead variance?

a. $900 underapplied
b. $300 underapplied
c. $700 overapplied
d. $600 overapplied
e. $800

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.