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 8.2 hours
Standard variable overhead rate $14.60 per hour
The following data pertain to operations for the last month:
Actual hours 2,875 hours
Actual total variable manufacturing overhead cost $42,715
Actual output 150 units
What is the variable overhead efficiency variance for the month?
$740 F
$24,017 U
$17,958 F
$24,757 U
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