A Manufacturing Company Uses a Standard Costing System in Which

Multiple Choice

A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

The following data pertain to operations for the most recent period:

-The variable overhead rate variance for the period was closest to:

A) $315 U
B) $1,465 F
C) $1,465 U
D) $315 F