Lydia's Delivery Company
Lydia's Delivery Company reports the following information for 2010:
Actual:

Standard:

Refer to Lydia's Delivery Company.What is the variable overhead efficiency variance for fuel costs?

Question

Lydia's Delivery Company
Lydia's Delivery Company reports the following information for 2010:
Actual:

Standard:

Refer to Lydia's Delivery Company.What is the variable overhead efficiency variance for fuel costs?

Quizplus · Accepted Answer

To calculate the variable overhead efficiency variance for fuel costs, we need to use the formula:
Variable Overhead Efficiency Variance = (Actual Quantity of Input – Standard Quantity of Input Allowed) x Standard Price

We have the actual and standard information for fuel costs, which are:
- Actual Quantity of Input: not given
- Standard Quantity of Input Allowed: 11ea906f_4cdb_e3f4_aec7_5b23fe5a066a_TB2144_00_TB2144_00
- Standard Price: not given

We can see that the actual quantity of input is missing, so we cannot calculate the variable overhead efficiency variance for fuel costs.

Therefore, the answer is None.

Lydia's Delivery Company Lydia's Delivery Company Reports the Following Information for 2010