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Beakins Corporation Produces a Single Product

Question 117

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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 materials quantity variance for the period is: A) $950 U B) $5, 000 F C) $1, 000 U D) $6, 000 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 materials quantity variance for the period is: A) $950 U B) $5, 000 F C) $1, 000 U D) $6, 000 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 materials quantity variance for the period is:


A) $950 U
B) $5, 000 F
C) $1, 000 U
D) $6, 000 F

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