Bulluck Corporation Makes a Product with the Following Standard Costs

Multiple Choice

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 labor rate variance for July is:

A) $764 F
B) $764 U
C) $840 U
D) $840 F