A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. Variable manufacturing overhead standards are based on machine-hours. The following data pertain to operations for the last month: What is the variable overhead efficiency variance for the month?
A)$1,172 F
B)$567 F
C)$1,172 U
D)$1,144 U

Question

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. Variable manufacturing overhead standards are based on machine-hours.  The following data pertain to operations for the last month:  What is the variable overhead efficiency variance for the month?
A)$1,172 F 
B)$567 F 
C)$1,172 U 
D)$1,144 U

Quizplus · Accepted Answer

The Answer of A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. Variable manufacturing overhead standards are based on machine-hours.  The following data pertain to operations for the last month:  What is the variable overhead efficiency variance for the month?
A)$1,172 F 
B)$567 F 
C)$1,172 U 
D)$1,144 U

A Manufacturing Company That Has Only One Product Has Established