Gilder Corporation Makes a Product with the Following Standard Costs

question 173

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 variable overhead efficiency variance for June is:

• A)$240 U
• B)$216 U
• C)$240 F
• D)$216 F

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Definitions:

Eukaryotes

Organisms whose cells contain a nucleus and other organelles enclosed within membranes.

Archaea

A domain of single-celled microorganisms that are genetically distinct from bacteria and eukaryotes, known for their ability to survive in extreme environments.

Membrane-Bound Organelles

Organelles within eukaryotic cells that are enclosed by membranes, segregating them from the cytoplasm and enabling specialized functions.

Eukaryotic Cells

Cells that contain a nucleus surrounded by a membrane and various organelles, characteristic of all organisms except bacteria and archaea.