Gilder Corporation Makes a Product with the Following Standard Costs

question 60

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 labor rate variance for June is:

• A)$385 F
• B)$357 F
• C)$357 U
• D)$385 U

---

Definitions:

Ivan Pavlov

A Russian physiologist known for his work in classical conditioning, particularly his experiments with dogs, leading to the concept of the Pavlovian response.

Learning Objectively

The process of acquiring knowledge or skills in a way that is not influenced by personal feelings, interpretations, or prejudice.

Shaping

An operant conditioning procedure in which reinforcers guide behavior toward closer and closer approximations of the desired behavior.

Reinforcers

Stimuli, events, or conditions that increase the likelihood of a behavior being repeated.