Sampson Apparel Inc. Sampson Apparel Inc. Incurred Actual Variable Overhead Expenses of $62

question 77

Multiple Choice

Sampson Apparel Inc.
Sampson Apparel Inc. incurred actual variable overhead expenses of $62 000 in the current year for the production of 10 000 units. Variable overhead was applied at a rate of $2.00 per direct labour hour and 3 direct labour hours were budgeted for each unit. The company used 29 000 direct labour hours for production.
-What was Sampson's variable overhead efficiency variance?

• A) $4000 U
• B) $4000 F
• C) $2000 U
• D) $2000 F

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Definitions:

Problem-solving Abilities

The capacity to identify, define, and solve problems through logical and systematic approaches.

Conservation Skills

Conservation skills refer to the ability to understand that certain properties of objects, such as volume or mass, remain the same despite changes in the form or arrangement of the objects.

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development.

Moral Reasoning

The process by which individuals make decisions about what is right and wrong, often based on societal norms, personal values, and ethics.