Genesis Company Genesis Company Uses a Standard Cost System for Its

question 75

Multiple Choice

Genesis Company Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours.The following information is available for September when Genesis produced 5,000 units:
$\begin{array}{ll}\text { Standard: }\\\text { DLH per unit } & 3.00\\\text { Variable overhead per DLH } & \$ 1.80 \\\text { Fixed overhead per DLH } & \$ 3.25 \\\text { Budgeted variable overhead } & \$ 27,250\\\text { Budgeted fixed overhead } & \$ 49,500\\\\\text { Actual: }\\\text {Direct labor hours }&16,000\\\text { Variable overhead}&\$31,325\\\text { Fixed overhead}&\$49,750\\\end{array}$ Refer to Genesis Company.Using the four-variance approach,what is the volume variance?

• A)$ 750 F
• B)$ 750 U
• C)$1,000 F
• D)$1,000 U

---

Definitions:

Heterosexual

A sexual orientation characterized by a romantic or sexual attraction towards individuals of the opposite sex.

Sexual Response Cycle

The sequence of physical and emotional changes that occur as a person becomes sexually aroused and participates in sexually stimulating activities, typically including stages such as arousal, plateau, orgasm, and resolution.

Men and Women

Terms referring to the two primary categories of human gender, each associated with distinct biological and societal roles.

Biological Factors

Natural influences on organisms, including genetic, neurophysiological, and anatomical aspects that affect behavior and health.