The Upton Company Employs a Standard Costing System in Which

question 67

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 is the standard variable overhead rate per direct labour hour?

• A) $6.91.
• B) $6.95.
• C) $7.00.
• D) $7.12.

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Dietary Protein

Essential macronutrients found in foods, crucial for building and repairing tissues, making enzymes and hormones, and supporting immune function.

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Calcium

A chemical element, symbol Ca, essential for many bodily functions including bone and teeth formation, muscle function, and blood clotting.