Strait Corporation uses the following standard costs for a single unit of product:
Actual data for the month showed variable overhead costs of $524,000 for 20,000 units produced. What is the difference between actual variable overhead costs and standard variable overhead costs allocated to products?
A) $38,000 favourable
B) $38,000 unfavourable
C) $36,000 favourable
D) $36,000 unfavourable
Correct Answer:
Verified
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