Pippin Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for June:
The variable overhead rate variance for the month is closest to:
A) $460 Unfavorable
B) $510 Favorable
C) $510 Unfavorable
D) $460 Favorable

Question

Pippin Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.  The company has reported the following actual results for the product for June:
 The variable overhead rate variance for the month is closest to:
A) $460 Unfavorable 
B) $510 Favorable 
C) $510 Unfavorable 
D) $460 Favorable

Quizplus · Accepted Answer

The Answer of Pippin Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.  The company has reported the following actual results for the product for June:
 The variable overhead rate variance for the month is closest to:
A) $460 Unfavorable 
B) $510 Favorable 
C) $510 Unfavorable 
D) $460 Favorable

Pippin Incorporated Has Provided the Following Data Concerning One of the Products