Tharaldson Corporation Makes a Product with the Following Standard Costs

question 415

Multiple Choice

Tharaldson Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June.
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 materials quantity variance for June is:

• A) $5,000 Favorable
• B) $2,301 Unfavorable
• C) $5,000 Unfavorable
• D) $2,301 Favorable

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Definitions:

Positions

The roles or ranks individuals hold within an organizational or social hierarchy.

Interpersonal Conflict

The process that occurs when one individual or group perceives that another individual or group is negatively affecting something that the first cares about.

Assertiveness

The quality of being self-assured and confident without being aggressive, in the context of communication and interpersonal relations.

Cooperativeness

The willingness to work together with others for a common goal or benefit.