Handerson Corporation Makes a Product with the Following Standard Costs

question 175

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 labor rate variance for August is:

• A) $464 F
• B) $512 U
• C) $464 U
• D) $512 F