Noble Enterprises has the following data for Year 1: Standard direct labor hours per unit: 3 hours Actual direct labor hours: 12,000 hour's Number of units produced: 4,000 units Standard variable overhead per standard direct labor hour: $4 Actual variable overhead: $48,000 What is Noble Enterprises' Year 1 unfavorable variable overhead efficiency variance? A. $0 B. $2,000 C. $4,000 D. $6,000
Noble Enterprises has the following data for Year 1: Standard direct labor hours per unit: 3 hours Actual direct labor hours: 12,000 hour's Number of units produced: 4,000 units Standard variable overhead per standard direct labor hour: $4 Actual variable overhead: $48,000 What is Noble Enterprises' Year 1 unfavorable variable overhead efficiency variance? A. $0 B. $2,000 C. $4,000 D. $6,000
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 58E: At the beginning of the year, Lopez Company had the following standard cost sheet for one of its...
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