Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total of the overhead variances is:
A) $13,888 F
B) $13,888 U
C) $38,462 F
D) $38,462 U

Question

Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:  The total of the overhead variances is:
A) $13,888 F 
B) $13,888 U 
C) $38,462 F 
D) $38,462 U

Quizplus · Accepted Answer

11eacbfc_c7fa_0607_8ffe_c7bfc510f09c_TB7552_00

Arca Incorporated Makes a Single Product-A Critical Part Used in Commercial