The Malcolm Company Uses a Standard Cost System in Which

Multiple Choice

The Malcolm Company uses a standard cost system in which manufacturing overhead costs are applied to products on the basis of standard direct labor-hours (DLHs) . The standards call for 3 hours of direct labor per unit produced. The following data pertain to the company's manufacturing overhead for the month of July:
-The volume variance for July is:

A) $1,131 F
B) $900 F
C) $1,131 U
D) $900 U