Ledezma Corporation Makes a Product with the Following Standards for Direct

question 78

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:

Dactylogram

An impression or imprint of a finger; a fingerprint.

Fingerprint

The unique pattern formed by the ridges on the tip of a human finger, used for identification purposes.

Dactylic

Pertaining to or consisting of dactyls, a form of meter in poetry characterized by a stressed syllable followed by two unstressed syllables.

Compound

A substance made up of two or more elements chemically combined in fixed proportions.