The Upton Company Employs a Standard Costing System in Which

question 99

Multiple Choice

The Upton Company employs a standard costing system in which variable overhead is assigned to production on the basis of direct labour hours. Data for the month of February include the following:
$\begin{array} { | l | r | } \hline \text { Variable manufacturing overhead cost incurred } & \$ 48,700 \\\hline \text { Total variable overhead variance } & \$ 300 \text { favourable } \\\hline \text { Standard hours allowed for actual production } & 7,000 \\\hline \text { Actual direct labour hours worked } & 6,840 \\\hline\end{array}$

-What was the variable overhead spending variance?

• A) $740 favourable.
• B) $740 unfavourable.
• C) $820 favourable.
• D) $820 unfavourable.

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Definitions:

REM Sleep Behavior Disorder

A sleep disorder characterized by the acting out of dreams during the REM phase of sleep, often resulting in disruptive or violent behaviors.

Psychological Problems

Disorders or issues affecting mental health, leading to distress or impairment in daily functioning.

Night Terrors

A sleep disorder causing feelings of terror or dread, and is often accompanied by screaming, flailing, and sleepwalking, without the clear dreams of nightmares.

Nightmares

Disturbing dreams causing strong emotional responses from the sleeper, typically fear, horror, and anxiety.