The following data have been provided by Hanover Corporation,a company that produces forklift trucks: The variable overhead efficiency variance for supplies cost is:
A)$3,496 U
B)$5,145 U
C)$5,145 F
D)$3,496 F

Question

The following data have been provided by Hanover Corporation,a company that produces forklift trucks:  The variable overhead efficiency variance for supplies cost is:
A)$3,496 U 
B)$5,145 U 
C)$5,145 F 
D)$3,496 F

Quizplus · Accepted Answer

SH = 3,600 F1F1F1S1F1F1F10 7.6 = 27,360
Variable overhead efficiency variance = SR (AH - SH)
= $4.60 (26,600 - 27,360) = $3,496 F

The Following Data Have Been Provided by Hanover Corporation,a Company