Majer Corporation Makes a Product with the Following Standard Costs

question 69

Multiple Choice

Majer Corporation makes a product with the following standard costs:
The company reported the following results concerning this product in February.
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 February is:

• A) $3,136 F
• B) $3,260 F
• C) $3,136 U
• D) $3,260 U

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