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Bulluck Corporation Makes a Product with the Following Standard Costs

Question 22

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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 October is: A)  $15,000 Unfavorable B)  $15,000 Favorable C)  $25,000 Unfavorable D)  $25,000 Favorable 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 October is: A)  $15,000 Unfavorable B)  $15,000 Favorable C)  $25,000 Unfavorable D)  $25,000 Favorable 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 October is:


A) $15,000 Unfavorable
B) $15,000 Favorable
C) $25,000 Unfavorable
D) $25,000 Favorable

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