Dire Corporation Uses the Following Standard Costs for a Single

question 205

Multiple Choice

Dire Corporation uses the following standard costs for a single unit of product: Actual data for the month showed overhead costs of $425,000 for 22,500 units produced. What is the difference between actual overhead costs and standard overhead costs allocated to products?

• A)$329,375 favorable
• B)$329,375 unfavorable
• C)$53,125 favorable
• D)$53,125 unfavorable

Calculate and journalize gains or losses on the sale or exchange of assets.

Evaluate different depreciation methods and their effects on the financial health of a business.

Determine the book value of fixed assets and analyze changes over time.

Understand the concept and methods of depreciation, amortization, and depletion.

---

Definitions:

Electrolyte Imbalance

A condition where the levels of electrolytes in the body are either too high or too low, impacting various bodily functions.

Sodium Imbalance

An irregular level of sodium in the blood, which can lead to various health problems such as dehydration or fluid retention.

Laboratory Value

A quantitative result obtained from medical lab tests, used to assess health status or diagnose conditions.

Calcium Level

A measure of the amount of calcium in the blood, crucial for various bodily functions including bone health, muscle function, and nerve transmission.