Multiple Choice
Figure 8
The following information was extracted from the accounting records of Noelle Company:
Budgeted fixed overhead for the period is £420,000, and the budgeted fixed overhead rate is based on an expected capacity of 30,000 direct labour hours.
The following information is available regarding the company's operations for the period:
-Refer to Figure 8. Noelle's variable overhead efficiency variance would be
A) £7,000 favorable
B) £8,000 unfavorable
C) £15,000 favorable
D) £23,000 unfavorable
Correct Answer:

Verified
Correct Answer:
Verified
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