Gilder Corporation Makes a Product with the Following Standard Costs

question 64

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 variable overhead efficiency variance for June is:

• A)$240 U
• B)$216 U
• C)$240 F
• D)$216 F

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Definitions:

Hazardous Waste

Waste material that is dangerous or potentially harmful to human health or the environment.

Herbicide

A chemical substance used to control or kill unwanted plants or weeds.

Cancer

A disease characterized by the uncontrolled division of abnormal cells in a part of the body.

Safe Drinking Water Act

U.S. federal law aimed at ensuring the quality of Americans' drinking water.