Bulluck Corporation Makes a Product with the Following Standard Costs

question 313

Multiple Choice

Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July.
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 price variance for July is:

• A) $2,100 Unfavorable
• B) $2,420 Favorable
• C) $2,100 Favorable
• D) $2,420 Unfavorable

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Definitions:

Hypertrophic

Referring to excessive growth or enlargement of an organ or tissue.

Restrictive

Limiting the freedom of action or movement; imposing constraints on something.

Hypothyroidism

A condition characterized by the underproduction of thyroid hormones, which can lead to fatigue, weight gain, and cold intolerance.

Surgical Removal

The process of excising or taking out surgically a part of the body or a foreign object from the body.