Solved

Tharaldson Corporation Makes a Product with the Following Standard Costs

Question 414

Multiple Choice

Tharaldson Corporation makes a product with the following standard costs: Tharaldson 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 labor rate variance for June is: A)  $616 Favorable B)  $616 Unfavorable C)  $550 Favorable D)  $550 Unfavorable The company reported the following results concerning this product in June.
Tharaldson 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 labor rate variance for June is: A)  $616 Favorable B)  $616 Unfavorable C)  $550 Favorable D)  $550 Unfavorable 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 June is:


A) $616 Favorable
B) $616 Unfavorable
C) $550 Favorable
D) $550 Unfavorable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions