Based on the former question, Compute the overhead controllable variance and the overhead volume variance.

What is the difference between a favorable cost variance and an unfavorable cost variance?

From the time you first entered school many years ago, instructors have been measuring and evaluating you by imposing standards. In addition, many of you will pursue professions that administer professional examinations to attain recognized certification. A federal commission presented proposals suggesting all public colleges and universities should require standardized tests to measure their students’ learning.

Instructions Read the article at www.signonsandiego.com/uniontrib/20060811/news_1n11colleges.html, and answer the following questions.

(d) Would you be in favor of standardized tests?

From the time you first entered school many years ago, instructors have been measuring and evaluating you by imposing standards. In addition, many of you will pursue professions that administer professional examinations to attain recognized certification. A federal commission presented proposals suggesting all public colleges and universities should require standardized tests to measure their students’ learning.

Instructions Read the article at www.signonsandiego.com/uniontrib/20060811/news_1n11colleges.html, and answer the following questions.

(c) What are possible disadvantages of standard testing?

From the time you first entered school many years ago, instructors have been measuring and evaluating you by imposing standards. In addition, many of you will pursue professions that administer professional examinations to attain recognized certification. A federal commission presented proposals suggesting all public colleges and universities should require standardized tests to measure their students’ learning.

Instructions Read the article at www.signonsandiego.com/uniontrib/20060811/news_1n11colleges.html, and answer the following questions.

(b) What are possible advantages of standard testing?