Descamps 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 July:
The variable overhead efficiency variance for the month is closest to:
A) $366 Favorable
B) $372 Unfavorable
C) $372 Favorable
D) $366 Unfavorable

Question

Descamps 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 July:
 The variable overhead efficiency variance for the month is closest to:
A) $366 Favorable 
B) $372 Unfavorable 
C) $372 Favorable 
D) $366 Unfavorable

Quizplus · Accepted Answer

The Answer of Descamps 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 July:
 The variable overhead efficiency variance for the month is closest to:
A) $366 Favorable 
B) $372 Unfavorable 
C) $372 Favorable 
D) $366 Unfavorable

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