Harris Corporation uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor-hours (DLHs). The company has provided the following data:    Denominator activity 5,000DLHsActual activity 5,600DLHsStandard hours allowed for the output 5,500DLHsPredetermined overhead rate ($2 variable + $3 fixed)$5per DLHThe volume variance would be:

A. $1,800 F
B. $1,800 U
C. $1,500 F
D. $2,500 F


Answer: C

Business

You might also like to view...

Smith & Jones Associates is a business customer of Town Bank. Under federal law, Smith & Jones cannot demand A) any proof of payment except Town'sgood faith

B) monthly statements. C) recrediting of its account on payment of a forged item. D) the return of its original checks with its monthly statements.

Business

What are some of the risks that foreign companies face in emerging markets due to the political and legal framework?

What will be an ideal response?

Business

The simple objective of financial planning is to make the best use of your resources to achieve your financial goals

Indicate whether the statement is true or false.

Business

Software that supports collaboration among groups of people over networks is called VPNs

Indicate whether the statement is true or false

Business