Bulluck Corporation Makes a Product with the Following Standard Costs

question 25

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 quantity variance for October is:

• A) $52,500 Unfavorable
• B) $52,500 Favorable
• C) $12,500 Unfavorable
• D) $12,500 Favorable

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Definitions:

Healthcare

The organized provision of medical care to individuals or a community.

Unselfishly

Characterized by acting or giving without consideration for personal gain.

Satisfied

A feeling of fulfillment or contentment with one's achievements, qualities, or situation.

Needs

Fundamental requirements or necessities essential for an individual's well-being and survival.