Oddo Corporation Makes a Product with the Following Standard Costs

question 138

Multiple Choice

Oddo Corporation makes a product with the following standard costs: The company reported the following results concerning this product in December. 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 variable overhead efficiency variance for December is:

• A)$1,122 F
• B)$1,122 U
• C)$1,100 F
• D)$1,100 U

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Definitions:

Employment References

Evaluations of an employee’s past work performance and job-relevant behaviours provided by past employers.

Personal References

Individuals who can provide a personal account of an applicant's character, abilities, and experiences, usually requested during the hiring process.

Integrity Tests

Employment tests that measure an applicant’s honesty and trustworthiness.

Honesty and Trustworthiness

Key moral attributes expected in interpersonal and professional relationships, signifying integrity and reliability.