Felter Company Uses a Standard Costing System Based on Direct

question 59

Multiple Choice

Felter Company uses a standard costing system based on direct labour hours.Last month,Felter Company used more electricity and indirect materials than planned.This is likely to result in:

• A) Unfavourable variable overhead efficiency variance.
• B) Unfavourable variable overhead efficiency variance and unfavourable variable overhead spending variance.
• C) Unfavourable variable overhead efficiency variance and unfavourable fixed overhead variance.
• D) Unfavourable variable overhead spending variance.

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Definitions:

Segmented Worms

Invertebrates characterized by a segmented body plan, belonging to the phylum Annelida, which includes earthworms and leeches.

Phylum

A principal taxonomic category that ranks above class and below kingdom, grouping together organisms that share a basic structural and developmental pattern.

Phylum

A classification in the biological taxonomy that is below kingdom and above class, used to group organisms with a common plan of structure or development.

Phylum

A major classification of living organisms, ranking above class and below kingdom, that groups together organisms with a common basic structure.