Solved

Beakins Corporation Produces a Single Product

Question 336

Multiple Choice

Beakins Corporation produces a single product. The standard cost card for the product follows: Beakins Corporation produces a single product. The standard cost card for the product follows: During a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below: The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours. The labor rate variance for the period is: A) $3,150 U B) $2,700 F C) $2,700 U D) $3,150 F During a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below: Beakins Corporation produces a single product. The standard cost card for the product follows: During a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below: The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours. The labor rate variance for the period is: A) $3,150 U B) $2,700 F C) $2,700 U D) $3,150 F The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours. The labor rate variance for the period is:


A) $3,150 U
B) $2,700 F
C) $2,700 U
D) $3,150 F

Correct Answer:

verifed

Verified

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

Related Questions

Q150: Controllability has little to do with whether

Q151: A quantity standard indicates how much output

Q331: Illescas Corporation manufactures and sells a single

Q332: Lehnertz Corporation manufactures and sells a single

Q333: Zenon Kennel uses tenant-days as its measure

Q334: Ledezma Corporation makes a product with the

Q335: Zelenka Clinic uses client-visits as its measure

Q337: Ortman Corporation makes a product with the

Q338: Hagel Clinic uses client-visits as its measure

Q339: Hettinger Hospital bases its budgets on patient-visits.