Jardell Corporation Makes a Product with the Following Standards for Labor

question 113

Multiple Choice

Jardell Corporation makes a product with the following standards for labor and variable overhead: The company budgeted for production of 6,400 units in June, but actual production was 6,400 units. The company used 3,180 direct labor-hours to produce this output. The actual variable overhead rate was $4.90 per hour. The company applies variable overhead on the basis of direct labor-hours.
-The variable overhead efficiency variance for June is:

• A)$100 F
• B)$98 F
• C)$100 U
• D)$98 U

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Definitions:

Equilibrium Reaction

A chemical reaction in which the rates of the forward and reverse reactions are equal, resulting in no net change in the concentrations of the reactants and products.

K

K is the chemical symbol for potassium, an essential dietary mineral and electrolyte necessary for various bodily functions, including nerve transmission and muscle contraction.

Acetic Acid

A weak, organic acid with the formula CH3COOH, known for its pungent smell and sour taste, and used in the production of vinegar.

Equilibrium Reaction

A chemical reaction in which the rate of the forward reaction equals the rate of the reverse reaction, resulting in no net change in the concentrations of reactants and products.