Tharaldson Corporation Makes a Product with the Following Standard Costs

question 43

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 variable overhead rate variance for June is:

• A) $100 U
• B) $112 U
• C) $100 F
• D) $112 F

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Definitions:

Diversity Management

The optimization of an organization’s multicultural workforce to reach business objectives

Employment Equity

A policy aimed at promoting fair treatment and eliminating discrimination in the workplace, ensuring equal opportunities for all employees.

Designated Group

Specific categories of individuals identified for special attention or treatment in policies or programs, often related to employment equity.