Beakins Corporation Produces a Single Product

Multiple Choice

Beakins Corporation produces a single product. The standard cost card for the product follows: During a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below: The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours. The variable overhead efficiency variance for the period is:

A) $1,200 U
B) $1,440 U
C) $1,200 F
D) $1,440 F