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Bulluck Corporation Makes a Product with the Following Standard Costs

Question 221

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Bulluck Corporation makes a product with the following standard costs: Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July. 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 price variance for July is: A) $2,100 U B) $2,420 F C) $2,100 F D) $2,420 U The company reported the following results concerning this product in July.
Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July. 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 price variance for July is: A) $2,100 U B) $2,420 F C) $2,100 F D) $2,420 U 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 price variance for July is:


A) $2,100 U
B) $2,420 F
C) $2,100 F
D) $2,420 U

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