Descamps Inc

question 64

Multiple Choice

Descamps Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for July:
The variable overhead efficiency variance for the month is closest to:

• A) $366 F
• B) $372 U
• C) $372 F
• D) $366 U

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Definitions:

Office Supplies

These are consumable items used in an office environment for daily operations, including items like pens, paper, and staplers.

Pond Supplies Expense

The costs incurred for the maintenance or operational needs of a pond.

E-commerce

The buying and selling of goods and services over the internet, encompassing a variety of transactions, including online retail and electronic payments.

Business Purposes

The underlying reasons for which a company or an individual engages in business activities, typically to earn profits and achieve growth.