Gilder Corporation Makes a Product with the Following Standard Costs

question 379

Multiple Choice

Gilder Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor rate variance for June is:

• A)$385 F
• B)$357 F
• C)$357 U
• D)$385 U

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Definitions:

Prestige

The respect, admiration, or distinction accorded to an individual or organization based on perceived successes or qualities.

Hostile Behaviors

Actions or attitudes that are aggressive, antagonistic, or intended to harm or show opposition.

Unrealistic Performance

Expectations or goals that are not achievable given current circumstances or abilities.

Immediate Imitation

entails copying someone's behavior or actions instantly upon observation, without any delay or consideration.