Ortman Corporation Makes a Product with the Following Standard Costs

question 48

Multiple Choice

Ortman Corporation makes a product with the following standard costs: The company reported the following results concerning this product in May. 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 materials quantity variance for May is:

• A)$1,200 U
• B)$1,200 F
• C)$1,215 F
• D)$1,215 U

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Definitions:

Sensory Ability

The capacity to perceive and process stimuli through the senses.

Vision

The ability to perceive the environment through light in the form of images interpreted by the brain via the eyes.

Blindsight

A condition where individuals can respond to visual stimuli without consciously perceiving them, typically as a result of damage to the primary visual cortex.

Visual Information

Visual information refers to data perceived through the sense of sight, involving the processing and interpretation of images by the visual system to understand one's environment.