Mason, Inc

question 66

Multiple Choice

Mason, Inc. uses a standard costing system. Overhead costs are allocated based on direct labour hours. The standard variable overhead and fixed overhead rates are $1 and $5 per direct labour hour, respectively. Data relevant for the current period include: The direct labour price variance is:

• A) $30,000 Favourable
• B) $30,000 Unfavourable
• C) $75,000 Unfavourable
• D) $78,000 Unfavourable

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