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Oddo Corporation Makes a Product with the Following Standard Costs

Question 96

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Oddo Corporation makes a product with the following standard costs: Oddo Corporation makes a product with the following standard costs: The company reported the following results concerning this product in December. 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 December is: A) $1,540 U B) $1,496 F C) $1,540 F D) $1,496 U The company reported the following results concerning this product in December. Oddo Corporation makes a product with the following standard costs: The company reported the following results concerning this product in December. 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 December is: A) $1,540 U B) $1,496 F C) $1,540 F D) $1,496 U 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 December is:


A) $1,540 U
B) $1,496 F
C) $1,540 F
D) $1,496 U

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