Gilson Corporation Manufactures and Sells a Single Product

question 241

Multiple Choice

Gilson Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During April, the company budgeted for 5,100 units, but its actual level of activity was 5,060 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for April: Data used in budgeting: Actual results for April: The spending variance for manufacturing overhead in April would be closest to:

• A)$330 U
• B)$330 F
• C)$254 F
• D)$254 U

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Definitions:

New Jersey

A state located in the Northeastern and mid-Atlantic regions of the United States, known for its significant historical landmarks, diverse landscapes, and dense population.

Indentured Servitude

A labor system where a person is bound to work for another for a specified period of time, often in exchange for transportation, the acquisition of land, or training.

Revolutionary Rhetoric

The use of language and persuasion to encourage or incite change, often associated with overthrowing an existing system or establishment.

Improperly Deprived

Refers to situations where individuals or entities are unjustly or illegally denied of their rights, privileges, or possessions.