A Manufacturing Company That Has Only One Product Has Established

question 55

Multiple Choice

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours.
The following data pertain to operations for the last month:

-The variable overhead efficiency variance for July is:

• A) $600 U
• B) $540 U
• C) $540 F
• D) $600 F

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Definitions:

Arthroscopy

A minimally invasive surgical procedure on a joint in which examination and sometimes treatment of damage is performed using an arthroscope.

Arthroplasty

Surgical reconstruction or replacement of a joint.

Arthralgia

Pain in a joint.

Chondrocostal

Pertaining to the cartilage and ribs, often used to describe the connection between rib cartilage and the ribs themselves.