Question: Golfview has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $5.50 per MH.
Golfview has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $5.50 per MH. During the month, the actual total variable manufacturing overhead was $24,500 and the actual level of activity for the period was 4,600 MHs. What was the variable overhead rate variance for the month?
Group of answer choices
$800 Favorable
$920 Unfavorable
$800 Unfavorable
$920 Favorable
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