A Manufacturing Company That Has Only One Product Has Established

question 55

Multiple Choice

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours.
The following data pertain to operations for the last month:

-The variable overhead efficiency variance for July is:

• A) $600 U
• B) $540 U
• C) $540 F
• D) $600 F

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Definitions:

Economically Successful

describes entities, such as businesses or countries, that achieve a high level of financial growth, stability, and wealth creation over time.

Slash And Burn

An agricultural method that involves the cutting and burning of plants in a forest or woodland to create a field called a swidden.

Sustainable Agriculture

Farming practices that meet current food needs without compromising the ability of future generations to meet theirs, emphasizing environmental health, economic profitability, and social equity.

Organic

Pertaining to or derived from living organisms; in chemistry, compounds that contain carbon.