The Management of Delta Company Has Calculated the Following Variances

question 63

Multiple Choice

The management of Delta Company has calculated the following variances: $$\begin{array} { | l | r | } \hline \text { Direct materials cost variance } & \$ 8,000 \mathrm { U } \\\hline \text { Direct materials efficiency variance } & 35,000 \mathrm {~F} \\\hline \text { Direct labor cost variance } & 15,000 \mathrm {~F} \\\hline \text { Direct labor efficiency variance } & 12,000 \mathrm { U } \\\hline \text { Total variable overhead variance } & 7,000 \mathrm {~F} \\\hline \text { Total fixed overhead variance } & 3,050 \mathrm {~F} \\\hline\end{array}$$ When determining the total production cost flexible budget variance, calculate the fixed overhead cost variance of Delta Company.

• A) $3,050 F
• B) $12,000 U
• C) $8,000 U
• D) $10,050 F

---

Definitions:

Urogenital Folds

Urogenital Folds are embryonic structures that form part of the genitalia, developing into the outer parts of the vagina in females and encasing the urethra in males.

Urethral Groove

The groove found along the underside of the penis or within the genital area, where the urethra is positioned in certain developmental stages or conditions.

Foramen Ovale

An opening in the septum between the two atria of the heart in the fetus which normally closes shortly after birth.

Fossa Ovalis

A depression in the atrial septum of the heart, marking the location of the foramen ovale in the fetal heart.