Solved

A Manufacturing Company That Has Only One Product Has Established

Question 163

Multiple Choice

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours.
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. The following data pertain to operations for the last month: -The variable overhead rate variance is: A) $1,000 Favorable B) $1,000 Unfavorable C) $3,500 Unfavorable D) $3,500 Favorable The following data pertain to operations for the last month:
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. The following data pertain to operations for the last month: -The variable overhead rate variance is: A) $1,000 Favorable B) $1,000 Unfavorable C) $3,500 Unfavorable D) $3,500 Favorable
-The variable overhead rate variance is:


A) $1,000 Favorable
B) $1,000 Unfavorable
C) $3,500 Unfavorable
D) $3,500 Favorable

Correct Answer:

verifed

Verified

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

Related Questions

Q85: The Haney Corporation has a standard costing

Q106: If variable manufacturing overhead is applied based

Q158: Elliott Corporation makes and sells a single

Q159: Bumgardner Inc. has provided the following data

Q160: The following labor standards have been established

Q161: Handerson Corporation makes a product with the

Q162: Dirickson Inc. has provided the following data

Q164: Fluegge Inc. has provided the following data

Q166: At Eady Corporation,maintenance is a variable overhead

Q168: Milar Corporation makes a product with the