Tharaldson Corporation Makes a Product with the Following Standard Costs

question 239

Multiple Choice

Tharaldson Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
The materials quantity variance for June is:

• A) $2,242 U
• B) $2,242 F
• C) $2,360 U
• D) $2,360 F

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Definitions:

Sodium Chloride

A chemical compound commonly known as salt, consisting of sodium and chloride ions, widely used for seasoning and preservation.

Inorganic Substances

Chemical substances that do not contain carbon-hydrogen bonds, including minerals, water, and salts.

Glucose

Glucose is a simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.

Cohesiveness

The quality of sticking together tightly; in a social context, it refers to the bonds that hold a group of people or components of a structure together.