Ortman Corporation Makes a Product with the Following Standard Costs

question 389

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 variable overhead efficiency variance for May is:

• A)$27 F
• B)$27 U
• C)$30 U
• D)$30 F

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Definitions:

Behavior Change

A process through which individuals modify their actions, usually to adopt healthier or more positive habits.

Rewards

Benefits, incentives, or recognition given to individuals as an acknowledgment of their effort, achievement, or behavior.

Nutrition Counselor

A nutrition counselor is a professional who provides guidance and advice on dietary habits and nutrition for the improvement of health.

Individualized

Tailored or customized to meet the specific needs, preferences, or circumstances of an individual.