Oddo Corporation makes a product with the following standard costs: The company reported the following results concerning this product in December. 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 labor efficiency variance for December is:
A)$4,026 F
B)$4,026 U
C)$4,400 F
D)$4,400 U

Question

Oddo Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in December.  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 labor efficiency variance for December is:
A)$4,026 F 
B)$4,026 U 
C)$4,400 F 
D)$4,400 U

Quizplus · Accepted Answer

The Answer of Oddo Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in December.  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 labor efficiency variance for December is:
A)$4,026 F 
B)$4,026 U 
C)$4,400 F 
D)$4,400 U

Oddo Corporation Makes a Product with the Following Standard Costs