Gilder Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. 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 variable overhead rate variance for June is:
A)$330 U
B)$330 F
C)$306 U
D)$306 F

Question

Gilder Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in June.  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 variable overhead rate variance for June is:
A)$330 U 
B)$330 F 
C)$306 U 
D)$306 F

Quizplus · Accepted Answer

The Answer of Gilder Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in June.  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 variable overhead rate variance for June is:
A)$330 U 
B)$330 F 
C)$306 U 
D)$306 F

Gilder Corporation Makes a Product with the Following Standard Costs