Majer Corporation Makes a Product with the Following Standard Costs

question 160

Multiple Choice

Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February.
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 efficiency variance for February is:

• A) $245 U
• B) $245 F
• C) $250 F
• D) $250 U

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Definitions:

Exercise

Physical activities intended to improve strength, fitness, and wellbeing, ranging from walking and swimming to weightlifting and yoga.

Sleep-wake Disorders

Disorders affecting the quality, timing, and amount of sleep, leading to distress and impairment during waking hours.

Insomnia

A common sleep disorder characterized by trouble falling asleep, staying asleep, or achieving restorative sleep, leading to daytime impairments.

Narcolepsy

A sleep-wake disorder characterized by a repeated sudden and irrepressible need to sleep during waking hours.