3-34 The following standards for variable manufacturing overhead have been established for a company...

70.2K

Verified Solution

Question

Accounting

3-34image

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit Standard variable overhead rate 1.2 hours $10.20 per hour The following data pertain to operations for the last month: Actual hours 5,000 hours Actual total variable overhead cost $52,750 Actual output 4,000 units What is the variable overhead efficiency variance for the month? $1 .680 F $2,040 U $2,110 U $3,790 U

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students