Examlex

Solved

Dirickson Incorporated Has Provided the Following Data Concerning One of the Products

question 411

Multiple Choice

Dirickson Incorporated 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. Dirickson Incorporated 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 raw materials quantity variance for the month is closest to: A)  $86 Unfavorable B)  $86 Favorable C)  $94 Unfavorable D)  $94 Favorable The company has reported the following actual results for the product for July:
Dirickson Incorporated 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 raw materials quantity variance for the month is closest to: A)  $86 Unfavorable B)  $86 Favorable C)  $94 Unfavorable D)  $94 Favorable The raw materials quantity variance for the month is closest to:


Definitions:

Homeostasis

The process by which a living organism or cell maintains a stable internal environment despite changes in external conditions.

Propinquity

The tendency for people to form close relationships or feel a sense of attraction with others who are geographically close or frequently encountered.

Unbalance

A state of lack of equilibrium or stability, either physically, emotionally, or in terms of a system or situation.

Acquiescence

The act of agreeing or consenting without protest, often with little enthusiasm or conviction.

Related Questions