QUESTION 3
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![QUESTION 3
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output
1.6 hours
$11.55 per hour
Standard variable overhead rate
The following data pertain to operations for the last month:
Actual hours
4,900 hours
Actual total variable manufacturing overhead cost
Actual output
3,000 units
What is the variable overhead efficiency variance for the month?
O $1,190 F
O $1,680 F
O $1,155 U
O $1,190 U
$58.310](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F85819954-d6a2-4e9c-bc77-370588aa7cf7%2F39fb4c06-18a3-4f82-852f-c1f6249bc7c2%2Fhv1dx5n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 3
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output
1.6 hours
$11.55 per hour
Standard variable overhead rate
The following data pertain to operations for the last month:
Actual hours
4,900 hours
Actual total variable manufacturing overhead cost
Actual output
3,000 units
What is the variable overhead efficiency variance for the month?
O $1,190 F
O $1,680 F
O $1,155 U
O $1,190 U
$58.310
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