Candy Factory Uses the Following Standard Costs for a Single

question 49

Multiple Choice

Candy Factory uses the following standard costs for a single unit of product: Actual data for the month showed overhead costs of $475,000 for 26,300 units produced. What is the difference between actual overhead costs and standard overhead costs allocated to products?

• A)$317,200 favorable
• B)$317,200 unfavorable
• C)$314,000 favorable
• D)$314,000 unfavorable

---

Definitions:

Deductive Approach

The deductive approach is a logical process in research and reasoning that starts with a general statement or hypothesis and examines the possibilities to reach a specific, logical conclusion.

Sales Promotional Material

Documents or media utilized to increase awareness or sales of a product or service.

Counterproposal

An alternative proposal made in response to an original offer that does not meet one's satisfaction.

Legal Risks

Potential threats of legal action that could arise from engaging in certain behaviors or business practices.