Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
The company records materials price variances at the time of purchase.

-Refer to Figure 7. Orient's variable overhead spending (expenditure) variance would be
A) £4,800 favorable
B) £4,800 unfavorable
C) £3,600 unfavorable
D) £1,200 unfavorable

Question

Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 7. Orient's variable overhead spending (expenditure) variance would be
A) £4,800 favorable 
B) £4,800 unfavorable 
C) £3,600 unfavorable 
D) £1,200 unfavorable

Quizplus · Accepted Answer

The Answer of Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 7. Orient's variable overhead spending (expenditure) variance would be
A) £4,800 favorable 
B) £4,800 unfavorable 
C) £3,600 unfavorable 
D) £1,200 unfavorable

Figure 7 Orient Company Has Developed the Following Standards for One of One