Handerson Corporation Makes a Product with the Following Standard Costs

question 419

Multiple Choice

Handerson Corporation makes a product with the following standard costs: The company reported the following results concerning this product in August.
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 August is:

• A) $5,440 Favorable
• B) $6,320 Favorable
• C) $5,440 Unfavorable
• D) $6,320 Unfavorable

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Definitions:

Audience

A group of individuals who gather physically or virtually to observe, listen to, or interact with a performance, presentation, or media content.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Interact

To communicate or act together, influencing each other, often in a dynamic and responsive way.

Passively

In a manner that involves acceptance or submission without active response or resistance.