VSL Corporation’s managers developed the following standards for producing a widget:

Generally, VSL uses 500 direct labour hours each month in producing widgets. In a recent month, VSL produced 250 widgets and incurred the following costs:

VSL calculates the cost variances listed on the left below. Match each variance with the correct item , based on the data above. Each numbered item has only one correct answer. Each lettered item may be used once, more than once, or not at all.

Question

VSL Corporation’s managers developed the following standards for producing a widget:

Generally, VSL uses 500 direct labour hours each month in producing widgets.  In a recent month, VSL produced 250 widgets and incurred the following costs:

VSL calculates the cost variances listed on the left below.  Match each variance with the correct item , based on the data above. Each numbered item has only one correct answer.  Each lettered item may be used once, more than once, or not at all.

Quizplus · Accepted Answer

The Answer of VSL Corporation’s managers developed the following standards for producing a widget:

Generally, VSL uses 500 direct labour hours each month in producing widgets.  In a recent month, VSL produced 250 widgets and incurred the following costs:

VSL calculates the cost variances listed on the left below.  Match each variance with the correct item , based on the data above. Each numbered item has only one correct answer.  Each lettered item may be used once, more than once, or not at all.

VSL Corporation’s Managers Developed the Following Standards for Producing a Widget