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 7.2

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 7.2 hours Standard variable overhead rate $ 13.60 per hour The following data pertain to operations for the last month: Actual hours 2,750 hours Actual total variable manufacturing overhead cost $ 38,090 Actual output 250 units What is the variable overhead efficiency variance for the month?

Multiple Choice

$690 U

$24,480 F

$13,610 U

$12,920 U

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!

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...

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 $...

6.The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 5.10 hours Standard variable overhead...

1. The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 7.2 hours Standard variable overhead...

27. The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 7.4 hours Standard variable overhead...

A study by Peter D. Hart Research Associates for the Nasdaq Stock Market revealed that $43 \%$ of all American adults are stockholders. In addition, the study determined that $75 \%$ of all American...

The equation y = 0.08x + 0.83 estimates the number of homeschooled children in the United States, n millions, where x is the number of years after 1999 (Source: Department of Education's National...

The greatest common divisor (GCD) of two integers is the largest integer that will evenly divide both integers. The GCD algorithm involves integer division in a loop, described by the following...

List and define the Buyer's remedies.

Did you create a package that evokes intrigue, appeal, and attention?

Did you include a clear logotype and product brandmark that is recognizable, readable, and clear at 1 inch 1 inch on the package?

20. What do you want them to do? (what actions should they take)?