Knowledge Check 01 es Consider the following information: Standard rate per direct labor-hour Standard direct labor-hours for each unit produced Units manufactured Actual direct labor-hours worked during the month Total actual variable manufacturing overhead $ 2 3 1,000 3,300 $ 6,600 Assume that direct labor-hours is used as the overhead allocation base. What is the variable overhead efficiency variance? $300 F $300 U O $600 F O $600 U
Knowledge Check 01 es Consider the following information: Standard rate per direct labor-hour Standard direct labor-hours for each unit produced Units manufactured Actual direct labor-hours worked during the month Total actual variable manufacturing overhead $ 2 3 1,000 3,300 $ 6,600 Assume that direct labor-hours is used as the overhead allocation base. What is the variable overhead efficiency variance? $300 F $300 U O $600 F O $600 U
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A5
Transcribed Image Text:Knowledge Check 01
es
Consider the following information:
Standard rate per direct labor-hour
Standard direct labor-hours for each unit produced
Units manufactured
Actual direct labor-hours worked during the month
Total actual variable manufacturing overhead
$ 2
3
1,000
3,300
$ 6,600
Assume that direct labor-hours is used as the overhead allocation base. What is the variable overhead efficiency variance?
$300 F
$300 U
O $600 F
O $600 U
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