A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 4.90 DLHS Standard variable overhead rate $11.55 per DLH The following data pertain to operations for the last month: Actual direct labor-hours 8,400 DLHS Actual total variable manufacturing overhead cost $95,960 Actual output 1,600 units What is the variable overhead efficiency variance for the month? Multiple Choice $6,468 U $6,773 F $2,772 U $6,773 U

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 4.90 DLHS Standard variable overhead rate $11.55 per DLH The following data pertain to operations for the last month: Actual direct labor-hours 8,400 DLHS Actual total variable manufacturing overhead cost $95,960 Actual output 1,600 units What is the variable overhead efficiency variance for the month? Multiple Choice $6,468 U $6,773 F $2,772 U $6,773 U

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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