Solved

Marathon Manufacturing Company Uses a Standard Cost System What Is the Total Overhead Variance?
A)$1,200 F
B)$1,200 U

Question 171

Multiple Choice

Marathon Manufacturing Company uses a standard cost system.Overhead cost information for January is as follows:
 Total actual overheadincurred $12,60 Fixed overhead budgeted $3,300 Total standard overheadrate per MIH $4 Variable overheadrate per MH $3 Standard MHs allowed for actual production $3,500\begin{array}{ll}\text { Total actual overheadincurred } & \$ 12,60 \\\text { Fixed overhead budgeted } & \$ 3,300 \\\text { Total standard overheadrate per MIH } & \$ 4 \\\text { Variable overheadrate per MH } & \$3 \\\text { Standard MHs allowed for actual production } & \$ 3,500\end{array}

What is the total overhead variance?


A) $1,200 F
B) $1,200 U
C) $1,400 F
D) $1,400 U

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions