The following data have been provided by Liggett Corporation: Lubricants and supplies are both elements of variable manufacturing overhead.The variable overhead rate variance for lubricants is closest to:
A) $1,120 Favorable
B) $5,381 Favorable
C) $4,261 Unfavorable
D) $5,381 Unfavorable

Question

The following data have been provided by Liggett Corporation:  Lubricants and supplies are both elements of variable manufacturing overhead.The variable overhead rate variance for lubricants is closest to:
A) $1,120 Favorable 
B) $5,381 Favorable 
C) $4,261 Unfavorable 
D) $5,381 Unfavorable

Quizplus · Accepted Answer

The Answer of The following data have been provided by Liggett Corporation:  Lubricants and supplies are both elements of variable manufacturing overhead.The variable overhead rate variance for lubricants is closest to:
A) $1,120 Favorable 
B) $5,381 Favorable 
C) $4,261 Unfavorable 
D) $5,381 Unfavorable

The Following Data Have Been Provided by Liggett Corporation