Oddo Corporation Makes a Product with the Following Standard Costs

question 123

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:

Work Stress

The experience of stress related to the demands of work, potentially impacting an individual's performance and wellbeing.

Hopeful

Feeling or expressing optimism about a future event or outcome.

Resilient

The ability to recover quickly from difficulties; toughness or the capacity to bounce back from adversity, trauma, or stress.

Confident

The feeling or belief in one's own abilities, qualities, and judgment; a sense of self-assurance arising from an appreciation of one's own capacities.