Tharaldson Corporation Makes a Product with the Following Standard Costs

question 93

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) $2,242 U
• B) $2,242 F
• C) $2,360 U
• D) $2,360 F

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Definitions:

Virus

A microscopic infectious agent that can replicate only inside the living cells of an organism, causing a variety of diseases.

STI

Sexually Transmitted Infections, infections that are transmitted through sexual contact, caused by bacteria, viruses, or parasites.

Chlamydia

A common sexually transmitted infection caused by the bacterium Chlamydia trachomatis, often asymptomatic but treatable with antibiotics.

Gardasil

A vaccine used to protect against infections caused by certain strains of human papillomavirus (HPV), related to cervical and other cancers.