Strait Corporation Uses the Following Standard Costs for a Single

question 80

Multiple Choice

Strait Corporation uses the following standard costs for a single unit of product:

Actual data for the month showed variable overhead costs of $524,000 for 20,000 units produced.What is the difference between actual variable overhead costs and standard variable overhead costs allocated to products?

• A)$384,000 favourable
• B)$384,000 unfavourable
• C)$36,000 favourable
• D)$36,000 unfavourable

---

Definitions:

Database Management

The practice of storing, organizing, and managing data using specialized software to ensure accessibility and security.

Technical Skill

An ability to perform specialized tasks.

Decision-Making

The procedure of deciding by identifying what choice to make, gathering relevant information, and analyzing possible options.

Technical Roles

Positions or functions that primarily involve specialized expertise or technical skills within an organization.