Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July.
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 quantity variance for July is:
A) $870 Unfavorable
B) $1,044 Unfavorable
C) $870 Favorable
D) $1,044 Favorable

Question

Bulluck Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in July.
 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 quantity variance for July is:
A) $870 Unfavorable 
B) $1,044 Unfavorable 
C) $870 Favorable 
D) $1,044 Favorable

Quizplus · Accepted Answer

The Answer of Bulluck Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in July.
 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 quantity variance for July is:
A) $870 Unfavorable 
B) $1,044 Unfavorable 
C) $870 Favorable 
D) $1,044 Favorable

Bulluck Corporation Makes a Product with the Following Standard Costs