Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. novelli corporation makes a product whose variable

Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The...

70.2K

Verified Solution

Question

Accounting

Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.9 hours per unit. The variable overhead rate standard is $8.50 per hour. In September, the company produced 1,700 units using 1,520 direct labor-hours. The actual variable overhead rate was $9.30 per hour. The variable overhead efficiency variance for September is:

$93 U

$85 U

$93 F

$85 F

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A 215 g block of copper at 505.0°C is plunged into 1.000 kg of water (T...

Chemistry
Q

describe “divorce as a risk for children.” How does their review of the risks associated with...

Psychology
Q

14 5 a 3 Bose unit of A B Amino acids C cocon D aene

Biology
Q

An ideal monatomic gas undergoes expansion according to law P aV where a is a...

Physics
Q

A 16 foot ladder is leaning against a wall If the top of the ladder...

Calculus
Q

Find the first and second derivatives v 3t 5t 15

Calculus
Q

Plot in the complex plane Z 2 2 i

Algebra
Q

Given f x Inx evaluate a f e4 b f eln 5 c f e6...

Algebra
Q

Take me to the text On June 1, 2018, Tru-Action Consulting purchased new computers...

Accounting
Q

Calculate perpetual fifo (cost of goods sold and ending inv) and perpetual lifo (cost of...

Accounting
Q

Which of the following sampling risks does the audit team control in an attributes sampling...

Accounting
Q

The Hilton Skating Club used straight-line depreciation for a used Zamboni ice-resurfacing machine that cost...

Accounting