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

Question

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

Quizplus · Accepted Answer

The Answer of 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

Beakins Corporation Produces a Single Product