The following standards for variable manufacturing overhead have been established for a company that makes...
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Accounting
| The following standards for variable manufacturing overhead have been established for a company that makes only one product: |
| Standard hours per unit of output | 7.4 | hours |
| Standard variable overhead rate | $13.80 | per hour |
| The following data pertain to operations for the last month: |
| Actual hours | 2,775 | hours |
| Actual total variable manufacturing overhead cost | $38,995 | |
| Actual output | 200 | units |
| What is the variable overhead efficiency variance for the month? |
-
$18,571 U
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$700 F
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$20,424 F
-
$17,871 U
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