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:

Animal Movement

The various motions accomplished by animals as a result of muscle contraction.

Swim

The act of moving through water by the use of limbs, tail, or other bodily mechanisms, a common form of locomotion among aquatic organisms.

Sprain

An injury to ligaments caused by being stretched beyond their normal capacity and possibly torn.

Osteoporosis

A condition characterized by weakened bones that are more prone to fracture due to a decrease in bone density and quality.