Gilder Corporation Makes a Product with the Following Standard Costs

question 5

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

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Definitions:

Ventricles

The two lower chambers of the heart, or the four connected cavities in the brain, each having specific functions related to circulating blood or cerebrospinal fluid.

Internuncial Neurons

Neurons that act as intermediaries between sensory and motor neurons in the nervous system.

White Matter

Tissue in the brain and spinal cord made mostly of myelinated axons, facilitating the transmission of nerve signals.

Brain

The organ located in the head of an organism that coordinates its actions and sensory information by transmitting signals to and from different parts of its body.