Which of the following statements is true about administrative law judges?
A) They can serve for a period of up to 10 years.
B) They usually come from within the federal administrative bureaucracy.
C) They are appointed by the U.S. Supreme Court.
D) They are appointed by governors in the respective states and confirmed by the Senate.
B
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Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 3.5grams$1.00per gramDirect labor 0.7hours$11.00per hourVariable overhead 0.7hours$2.00per hourThe company reported the following results concerning this product in July. Actual output 3,000unitsRaw materials used in production 11,370gramsActual direct labor-hours 1,910hoursPurchases of raw materials 12,100gramsActual price of raw materials purchased$1.20per gramActual direct labor rate$11.40per hourActual variable overhead rate$2.10per hourThe 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 July is:
A. $2,420 F B. $2,100 F C. $2,420 U D. $2,100 U
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