Termeer Inc

question 218

Multiple Choice

Termeer 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 August:
The variable overhead efficiency variance for the month is closest to:

• A) $46 U
• B) $42 F
• C) $46 F
• D) $42 U

---

Definitions:

Equivalent

Equal in value, measure, force, effect, or significance.

Bi-Conditional

A logical relation or statement that is true if and only if both components are either true or false together.

Truth Table

A mathematical table used in logic to determine whether a proposition is true or false under all possible circumstances.

Argument

Refers to the combination of a person’s claim and the reason or reasons a person presents in support of that claim.