A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The variable overhead rate variance for the period was closest to:
A)$315 U
B)$1,465 F
C)$1,465 U
D)$315 F

Question

A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:  The following data pertain to operations for the most recent period:  The variable overhead rate variance for the period was closest to:
A)$315 U 
B)$1,465 F 
C)$1,465 U 
D)$315 F

Quizplus · Accepted Answer

The Answer of A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:  The following data pertain to operations for the most recent period:  The variable overhead rate variance for the period was closest to:
A)$315 U 
B)$1,465 F 
C)$1,465 U 
D)$315 F

A Manufacturing Company Uses a Standard Costing System in Which