Tharaldson Corporation Makes a Product with the Following Standard Costs

question 56

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 variable overhead efficiency variance for June is:

• A) $372 Favorable
• B) $372 Unfavorable
• C) $360 Favorable
• D) $360 Unfavorable

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Definitions:

Embryonic Disk

A key structure in early embryonic development from which the embryo begins to form.

Ectoderm

The outermost layer of an embryo in early development, giving rise to the nervous system and external skin layers.

Hypoblast

The layer of cells inside the blastocyst (an early stage of the embryo), which contributes to the formation of the yolk sac and is involved in early embryonic development.

Epiblast

A layer of cells derived during the early development of an embryo, giving rise to all three primary germ layers.