If the standard to produce a given amount of product is 500 direct labor hours at $15 and the actual was 600 hours at $17, the rate variance was $1,200 favorable
Indicate whether the statement is true or false
False
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Define and describe analytics. Give an example of an organization using analytics and how they are using it.
What will be an ideal response?
To prove the argument that it is morally wrong that poverty exists in the United States, you are dealing with what type of question?
a. question of fact b. question of value c. question of policy d. question of conjecture
During the year, Hawkings produced 10,000 units, used 20,000 direct labor hours, and incurred variable overhead of $90,000. Budgeted variable overhead for the year was $88,000. The hours allowed per unit are 2.1. The standard variable overhead rate is $4.00 per direct labor hour. The variable overhead spending variance is:
A) $2,000 F. B) $6,000 U. C) $10,000 U. D) $2,000 U. E) none of these.
A car buyer in the ordinary course of business will take free and clear of a security interest created by any person who owned the automobile prior to the dealer
a. True b. False Indicate whether the statement is true or false