Milar Corporation Makes a Product with the Following Standard Costs

question 164

Multiple Choice

Milar Corporation makes a product with the following standard costs: In January the company produced 2,000 units using 16,060 pounds of the direct material and 210 direct labor-hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $65,910. The actual direct labor cost was $4,473 and the actual variable overhead cost was $756.
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 labor efficiency variance for January is:

• A) $200 U
• B) $213 U
• C) $200 F
• D) $213 F

---

Definitions:

Specialized Audiences

Specific groups of people with particular interests or knowledge that targeted communications are directed towards.

Procedures Section

In documents such as reports, the section that outlines the steps taken to carry out a project or research, describing the methodology.

Secondary Research

The process of gathering and analyzing existing data from previously completed studies, reports, or available literature.

Alphabetical Order

The sequence of arrangement based on the first letter of each item according to the English alphabet; akin to alphabetical listing but focuses on the process.