Multiple Choice
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 5,100 machine-hours. Budgeted and actual overhead costs for the month appear below: 
The company actually worked 5,250 machine-hours during the month. The standard hours allowed for the actual output were 5,240 machine-hours for the month. What was the overall variable overhead efficiency variance for the month?
A) $480 Favorable
B) $118 Unfavorable
C) $330 Favorable
D) $686 Favorable
Correct Answer:
Verified
Correct Answer:
Verified
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