Question: The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output

company that makes only one product: Standard hours per unit of output

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 8.1 hours Standard variable overhead rate $ 14.85 per hour The following data pertain to operations for the last month: Actual hours 8,600 hours Actual total variable manufacturing overhead cost Actual output $ 130,720 1,000 units What is the variable overhead efficiency variance for the month? Select one:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

QUESTION 16 A material price variance is shown by O (AP-SP) O PQ (AP- SP O (PO -SQ) (AP - SP QUESTION 17 The following standards for variable manufacturing overhead have been established for a...

The following standards for variable manufacturing overhead have been established for a company that makes only on Standard hours per unit of output Standard variable overhead rate 1.2 hours $19.80...

50) The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output Standard variable overhead rate 8.1...

The following standards for variable manufacturing overhead have been established for a company that makes only one hours per unit of output 5.8 hours Stan Standard variable overhead rate$12.20 per...

Q.1 6,000 hours 1,400 hours 5,400 hours 4,650 hours Q.2 14,465 U 13,865 U 600 U 15,930 F Q.3 3,910 F 2,860 U 3,910 U 2,860 F Q.4 The variable overhead rate variance for march is: 3,036 F 3,593 U...

1. When more hours of labor time are necessary to complete a job than the standard allows, the labor rate variance is unfavorable. A) True B) False 2. Standard costs should generally be based on the...

I need all three of these 20 question multiple choice question tests answered. Student ID: 22039100 Exam: 061402RR - Budget Analysis and Performance Measurement in Decision Maki When you have...

The following standards for variable manufacturing overhead have been established for a company that makes only one product: 28) Standard hours per unit of output Standard variable overhead rate $...

At a 100% performance rate, the total number of labor hours required to produce a quantity of 1000 of Product X is 379. This is a new product that is difficult to assemble, and currently the...

What are the closest-packed directions in (a) the FCC structure and (b) the HCP structure?

Ray Zerblade earned $80,000 last year, and paid $20,000 in taxes. This year, he earns $95,000 and pays $22,000 in taxes. What was Bill's average tax rate this year? Question 17 Select one: a. 23.1%...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

I have the equipment and related resources I need to do my job well.

In anticipation of upgrading its web presence, the American Woodcrafters Association asked those who visited its public site during September, October, and November (207 hits; 112 responses) to...

My opinions/suggestions are valued.