Marathon Manufacturing Company uses a standard cost system.Overhead cost information for January is as follows:
$\begin{array}{ll}
\text { Total actual overheadincurred } & \$ 12,60 \
\text { Fixed overhead budgeted } & \$ 3,300 \
\text { Total standard overheadrate per MIH } & \$ 4 \
\text { Variable overheadrate per MH } & \$3 \
\text { Standard MHs allowed for actual production } & \$ 3,500
\end{array}$

What is the total overhead variance?
A)$1,200 F
B)$1,200 U
C)$1,400 F
D)$1,400 U

Question

Marathon Manufacturing Company uses a standard cost system.Overhead cost information for January is as follows:
$\begin{array}{ll}
\text { Total actual overheadincurred } & \$ 12,60 \
\text { Fixed overhead budgeted } & \$ 3,300 \
\text { Total standard overheadrate per MIH } & \$ 4 \
\text { Variable overheadrate per MH } & \$3 \
\text { Standard MHs allowed for actual production } & \$  3,500
\end{array}$

What is the total overhead variance?
A)$1,200 F
B)$1,200 U
C)$1,400 F
D)$1,400 U

Quizplus · Accepted Answer

The Answer of Marathon Manufacturing Company uses a standard cost system.Overhead cost information for January is as follows:
$\begin{array}{ll}
\text { Total actual overheadincurred } & \$ 12,60 \
\text { Fixed overhead budgeted } & \$ 3,300 \
\text { Total standard overheadrate per MIH } & \$ 4 \
\text { Variable overheadrate per MH } & \$3 \
\text { Standard MHs allowed for actual production } & \$  3,500
\end{array}$

What is the total overhead variance?
A)$1,200 F
B)$1,200 U
C)$1,400 F
D)$1,400 U

Marathon Manufacturing Company Uses a Standard Cost System What Is the Total Overhead Variance? A)$1,200 F B)$1,200 U

Marathon Manufacturing Company Uses a Standard Cost System What Is the Total Overhead Variance?
A)$1,200 F
B)$1,200 U