Majer Corporation Makes a Product with the Following Standard Costs

Multiple Choice

Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February.
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 February is:

A) $1,146 U
B) $1,176 U
C) $1,176 F
D) $1,146 F