Question: Hi I need help with this question The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Hi I need help with this question
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output8.0hoursStandard variable overhead rate$14.40per hour
The following data pertain to operations for the last month:
Actual hours2,850hoursActual total variable manufacturing overhead cost$41,770Actual output200units
What is the variable overhead efficiency variance for the month?
$18,730 U
$18,000 U
$730 F
$23,040 F
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