Caquias Corporation Makes a Product with the Following Standard Costs

question 35

Multiple Choice

Caquias Corporation makes a product with the following standard costs: The company reported the following results concerning this product in August. 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 labor rate variance for August is:

• A)$440 F
• B)$440 U
• C)$420 U
• D)$420 F

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Definitions:

Graves' Disease

An autoimmune disorder that results in the overproduction of thyroid hormones, leading to symptoms like anxiety, hand tremor, heat sensitivity, weight loss, and bulging eyes.

Weak Muscles

A condition characterized by the reduced strength in one or more muscles.

Fatigue

A state of extreme tiredness or exhaustion resulting from mental or physical exertion or illness.

Paralysis

The loss of the ability to move (and sometimes to feel anything) in part or most of the body, typically as a result of illness, poison, or injury.