Ledezma Corporation Makes a Product with the Following Standards for Direct

question 122

Multiple Choice

Ledezma Corporation makes a product with the following standards for direct labor and variable overhead: In May the company produced 2,500 units using 1,210 direct labor-hours. The actual variable overhead cost was $9,922. The company applies variable overhead on the basis of direct labor-hours. The variable overhead rate variance for May is:

• A)$242 U
• B)$250 F
• C)$250 U
• D)$242 F

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Definitions:

Organisms

Living entities that can function independently, ranging from microscopic bacteria to complex animals and plants.

Aristotle

An ancient Greek philosopher and polymath, whose writings covered diverse fields such as metaphysics, biology, ethics, and politics, significantly influencing Western intellectual history.

Phylogeny

The complete evolutionary history of a group of organisms.

Evolutionary History

Describes the processes and pathways through which species have changed and diversified over time from common ancestors.