National Toy Company National Toy Company has developed standard overhead costs based on a capacity of 180,000 machine hours as follows:
During November,85,000 units were scheduled for production,but only 80,000 units were actually produced.The following data relate to November:
Actual machine hours used were 165,000.
Actual overhead incurred totaled $1,378,000 ($518,000 variable plus $860,000 fixed).
All inventories are carried at standard cost.
Refer to National Toy Company.The variable overhead efficiency variance for November was
A)$15,000 U.
B)$23,000 U.
C)$38,000 U .
D)$38,000 U.

Question

National Toy Company National Toy Company has developed standard overhead costs based on a capacity of 180,000 machine hours as follows:
 During November,85,000 units were scheduled for production,but only 80,000 units were actually produced.The following data relate to November:
Actual machine hours used were 165,000.
Actual overhead incurred totaled $1,378,000 ($518,000 variable plus $860,000 fixed).
All inventories are carried at standard cost.
Refer to National Toy Company.The variable overhead efficiency variance for November was
A)$15,000 U. 
B)$23,000 U. 
C)$38,000 U . 
D)$38,000 U.

Quizplus · Accepted Answer

The Answer of National Toy Company National Toy Company has developed standard overhead costs based on a capacity of 180,000 machine hours as follows:
 During November,85,000 units were scheduled for production,but only 80,000 units were actually produced.The following data relate to November:
Actual machine hours used were 165,000.
Actual overhead incurred totaled $1,378,000 ($518,000 variable plus $860,000 fixed).
All inventories are carried at standard cost.
Refer to National Toy Company.The variable overhead efficiency variance for November was
A)$15,000 U. 
B)$23,000 U. 
C)$38,000 U . 
D)$38,000 U.

National Toy Company National Toy Company Has Developed Standard Overhead