Question: Standard Cost Saved Help Save & Exit Submit Thilges Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard

Standard Cost Saved Help Save & Exit Submit Thilges Incorporated makes a single product--a cooling coil used in commercial refrigerators. 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: Budgeted variable manufacturing overhead $29,125 Budgeted production (a) Standard hours per unit (b) 25,000 units machine- e.se hours machine- 12,500 hours Budgeted hours (a) * (b) Actual production (a) Standard hours per unit (b) 22,eee units machine 8.50 hours machine 11,000 hours Standard hours allowed for the actual production (a) (b) Actual variable manufacturing overhead Actual hours $30, 160 machine- 10,400 hours The variable overhead efficiency variance is: Multiple Choice 5 of 10 Next > Standard Cost Help Save & Exit Submit Actual variable manufacturing overhead Actual hours $30,160 machine 10,400 hours The variable overhead efficiency variance is: Multiple Choice $1,740 U $1,398 F O $1740F O S1,398 U P
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