Multiple Choice
Bonnie Company has a direct labor standard of 15 hours per unit of output.Each employee has a standard wage rate of $14 per hour.The standard variable overhead rate is $10 per hour.During March,employees worked 13,100 hours.The direct labor rate variance was $9,170 favorable,the variable overhead rate variance was $13,100 unfavorable,and the direct labor efficiency variance was $15,400 unfavorable.What is the variable overhead efficiency variance?
A) $13,100 unfavorable
B) $11,000 unfavorable
C) $24,100 unfavorable
D) $11,000 favorable
Correct Answer:
Verified
Correct Answer:
Verified
Q43: Warner Company has budgeted fixed overhead of
Q44: Exeter has a materials standard of 1
Q45: Tucker Co.has budgeted fixed overhead of $225,000
Q46: At the end of the accounting period,all
Q47: A standard cost system records costs at
Q49: How do managers and companies set price
Q50: Whitman has a direct labor standard of
Q51: Interpreting the variances is a key part
Q52: The production manager is typically responsible for
Q53: Tulip Inc.uses standard costing,and its manufacturing standards