The standard costs and actual costs for direct materials,direct labor,and factory overhead for the manufacture of 2,500 units of product are as follows:
A)$1,200 favorable.
B)$1,140 unfavorable.
C)$1,200 unfavorable.
D)$1,140 favorable.

Question

Quizplus · Accepted Answer

The variance is calculated by comparing the standard costs to the actual costs. A favorable variance means the actual costs were less than the standard costs, resulting in a $1,200 favorable variance.

The Standard Costs and Actual Costs for Direct Materials,direct Labor,and