During the Period Richeleau Produced 1,000 Units of Product

question 83

Multiple Choice

During the period Richeleau produced 1,000 units of product. The flexible budget for standard costs is: Direct materials $43,000
Direct labour 67,000
Variable overhead 30,000
Fixed overhead 25,000
Variances for the period are:
Direct materials price $ 400 U
Direct materials efficiency 500 F
Direct labour price 600 F
Direct labour efficiency 200 U
Variable overhead spending 300 F
Variable overhead efficiency 100 F
Fixed overhead spending 500 F
Fixed overhead production volume 1,000 U
The variable overhead allocated was:

• A)$29,600
• B)$30,000
• C)$29,900
• D)$30,400

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Definitions:

Perceiver

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Characteristics

The distinguishing traits, qualities, or properties that define an individual, group, or thing.

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Improve

To make something better or more effective through adjustments or modifications.