Figure 10-2Highland Company's standard cost is $250,000. The allowable deviation is $\pm$10%. Its actual costs for six months are

-Refer to Figure 10-2. The variance that is higher than the upper control limit is

Question

Figure 10-2Highland Company's standard cost is $250,000. The allowable deviation is $\pm$10%. Its actual costs for six months are
 
-Refer to Figure 10-2. The variance that is higher than the upper control limit is

Quizplus · Accepted Answer

The variance that is higher than the upper control limit indicates it is outside the expected range of variation, and among the provided options, $280,000 is the only value that exceeds the upper control limit, indicating it is the variance higher than what is considered normal or acceptable.

Figure 10-2Highland Company's Standard Cost Is $250,000 ±\pm± 10% Its Actual Costs for Six Months Are

Figure 10-2Highland Company's Standard Cost Is $250,000 $\pm$ 10% Its Actual Costs for Six Months Are