Gilder Corporation Makes a Product with the Following Standard Costs

question 274

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 materials quantity variance for June is:

• A)$15,340 F
• B)$15,600 F
• C)$15,600 U
• D)$15,340 U