Pleiss Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's standard variable manufacturing overhead rate is $2.40 per machine-hour. The actual variable manufacturing overhead cost for the month was $5,240. The original budget for the month was based on 2,100 machine-hours. The company actually worked 2,270 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 2,280 machine-hours. What was the variable overhead efficiency variance for the month?
A) $24 Favorable
B) $232 Favorable
C) $208 Favorable
D) $432 Unfavorable
Correct Answer:
Verified
Q45: The following information relates to the direct
Q46: The direct labor standards for a particular
Q47: The following standards for variable manufacturing overhead
Q48: Viger Corporation has a standard cost system
Q49: Information on Westcott Corporation's direct labor costs
Q51: Viger Corporation has a standard cost system
Q52: The Fime Corporation uses a standard costing
Q53: Piper Corporation's standards call for 1,000 direct
Q54: Elliott Corporation makes and sells a single
Q55: The Fime Corporation uses a standard costing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents