Examlex

Solved

Galla Corporation Makes a Product with the Following Standard Costs

question 94

Multiple Choice

Galla Corporation makes a product with the following standard costs: Galla Corporation makes a product with the following standard costs:   The company budgeted for production of 2,400 units in June,but actual production was 2,500 units.The company used 19,850 pounds of direct material and 980 direct labor-hours to produce this output.The company purchased 21,700 pounds of the direct material at $6.70 per pound.The actual direct labor rate was $19.20 per hour and the actual variable overhead rate was $1.80 per hour. 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 rate variance for June is: A) $196 U B) $200 F C) $200 U D) $196 F The company budgeted for production of 2,400 units in June,but actual production was 2,500 units.The company used 19,850 pounds of direct material and 980 direct labor-hours to produce this output.The company purchased 21,700 pounds of the direct material at $6.70 per pound.The actual direct labor rate was $19.20 per hour and the actual variable overhead rate was $1.80 per hour. 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 rate variance for June is:


Definitions:

Rewards

Positive reinforcements or outcomes that enhance the likelihood of repeating a behavior or action.

Emotion Experience

The process of consciously feeling or perceiving emotions, which involves both physiological arousal and cognitive appraisal.

Anorexia Nervosa

A serious eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to excessive weight loss and potentially life-threatening malnutrition.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors such as purging, fasting, or excessive exercise to prevent weight gain.

Related Questions