Solved

Oddo Corporation Makes a Product with the Following Standard Costs

Question 67

Multiple Choice

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 price variance for December is: A) $2,520 U B) $2,520 F C) $2,900 F D) $2,900 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 price variance for December is: A) $2,520 U B) $2,520 F C) $2,900 F D) $2,900 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 price variance for December is:


A) $2,520 U
B) $2,520 F
C) $2,900 F
D) $2,900 U

Correct Answer:

verifed

Verified

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

Related Questions