Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following standards for variable manufacturing

The following standards for variable manufacturing overhead have been established for a company that makes...

50.1K

Verified Solution

Question

Accounting

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard hours per unit of output 6.6 hours
Standard variable overhead rate $ 13.00 per hour

The following data pertain to operations for the last month:

Actual hours 2,675 hours
Actual total variable manufacturing overhead cost $ 35,435
Actual output 250 units

What is the variable overhead efficiency variance for the month?

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

Theory of enzymes. [Indicate whether the following statements are true or false by writing T or...

Chemistry
Q

Explain how to organize the pharmacy laboratory; mention the instruments and chemical substances usually used in...

Biology
Q

write a fully-connected neural network to work with MNIST and Tensorflow 2.x. The labels will be...

Programming
Q

What are the specific impacts to businesses from computer hacks? What steps can risk managers take...

General Management
Q

A current carrying square loop is placed near an infinite long current carrying wire as...

Physics
Q

Lesson 8 Cubes and Cube Roots Cool Down Cube It Find the solution s to...

Basic Math
Q

Debt securities classified as held-to-maturity are reported at cost when purchased. Interest revenue is recorded...

Accounting
Q

Advanced Products Corporation has supplied the following data from its activity-based costing system: ...

Accounting
Q

Required information Skip to question [The following information applies to the questions displayed below.]...

Accounting
Q

Factory Overhead Volume Variance Bellingham Company produced 4,600 units of product that required 5 standard...

Accounting
Q

BH Press is a 30 year old U.S based publishing company (hence all prices reported...

Finance
Q

Show Attempt History Current Attempt in Progress Lewis and Stark is a public accounting firm...

Accounting