Gilder Corporation Makes a Product with the Following Standard Costs

Multiple Choice

Gilder 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 variable overhead rate variance for June is:

A) $330 U
B) $330 F
C) $306 U
D) $306 F