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Bulluck Corporation Makes a Product with the Following Standard Costs

Question 25

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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 quantity variance for October is: A)  $52,500 Unfavorable B)  $52,500 Favorable C)  $12,500 Unfavorable D)  $12,500 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 quantity variance for October is: A)  $52,500 Unfavorable B)  $52,500 Favorable C)  $12,500 Unfavorable D)  $12,500 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 quantity variance for October is:


A) $52,500 Unfavorable
B) $52,500 Favorable
C) $12,500 Unfavorable
D) $12,500 Favorable

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