Doogan Corporation Makes a Product with the Following Standard Costs

question 155

Multiple Choice

Doogan Corporation makes a product with the following standard costs:
The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour.
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 price variance for January is:

• A) $13,320 U
• B) $13,320 F
• C) $11,544 F
• D) $11,544 U

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Definitions:

German Cultural Days

A series of events or festivities aimed at celebrating and promoting German culture, traditions, and heritage.

Ethnic Affiliation

The association or connection an individual has with a particular ethnic group, often defined by common cultural, linguistic, or ancestral ties.

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Policies and practices aimed at eliminating discrimination and promoting equal opportunities for all job applicants and employees in the workplace.

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A term often used to describe a society that contains a diverse mix of ethnic groups and cultures, living together but retaining distinct cultural identities, particularly in contrast to a "melting pot."