Brummer Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 010 hours per unit. The variable overhead rate standard is $9.10 per hour In January the company produced 9,800 units using 1,030 direct labor-hours. The actual variable overhead rate was $9.00 per hour. The variable overhead efficiency variance for January is: Multiple Choice $455 F $450 U $455 U $450 F

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Brummer Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.10 hours per unit The variable overhead rate standard
is $9.10 per hour. In January the company produced 9,800 units using 1,030 direct labor-hours. The actual variable overhead rate was $9.00 per hour.
The variable overhead efficiency variance for January is:
Multiple Choice
$455 F
$450 U
$455 U
$450 F
Transcribed Image Text:Brummer Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.10 hours per unit The variable overhead rate standard is $9.10 per hour. In January the company produced 9,800 units using 1,030 direct labor-hours. The actual variable overhead rate was $9.00 per hour. The variable overhead efficiency variance for January is: Multiple Choice $455 F $450 U $455 U $450 F
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