Jupiter Co

question 6

Multiple Choice

Jupiter Co.applies overhead based on direct labor hours.The variable overhead standard is 4 hours at $12 per hour.During February,Jupiter Co.spent $113,400 for variable overhead.9,150 labor hours were used to produce 2,400 units.What is the variable overhead rate variance?

• A)$3,600 unfavorable
• B)$3,600 favorable
• C)$5,400 favorable
• D)$1,800 favorable

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Definitions:

Jury

A group of citizens summoned and sworn to decide on facts in a legal case and render a verdict of guilty or not guilty.

Judgment Notwithstanding

A legal ruling by a judge that overrules the decision of a jury if deemed unreasonable or unsupported by the evidence presented during the trial.

Motion

A formal request made to a court or judge seeking an order or ruling on a particular matter within a legal case.

Verdict

A verdict is the decision made by a jury or judge on the matters submitted to them in a trial, determining the outcome of the case.