Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead efficiency variance for July is:
A) $936 Favorable
B) $962 Unfavorable
C) $962 Favorable
D) $936 Unfavorable

Question

Bulluck Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in July.
 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead efficiency variance for July is:
A) $936 Favorable 
B) $962 Unfavorable 
C) $962 Favorable 
D) $936 Unfavorable

Quizplus · Accepted Answer

The Answer of Bulluck Corporation makes a product with the following standard costs:  The company reported the following results concerning this product in July.
 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead efficiency variance for July is:
A) $936 Favorable 
B) $962 Unfavorable 
C) $962 Favorable 
D) $936 Unfavorable

Bulluck Corporation Makes a Product with the Following Standard Costs