The Haney Corporation Has a Standard Costing System $\bullet$ Actual Variable Manufacturing Overhead: $25,500

question 207

Multiple Choice

The Haney Corporation has a standard costing system. Variable manufacturing overhead is applied on the basis of direct labor-hours. The following data are available for January: $\bullet$ Actual variable manufacturing overhead: $25,500
$\bullet$ Actual direct labor-hours worked: 5,800
$\bullet$ Variable overhead rate variance: $600 Favorable
$\bullet$ Variable overhead efficiency variance: $2,475 Unfavorable
The standard hours allowed for January production is:

• A) 5,975 hours
• B) 5,800 hours
• C) 5,425 hours
• D) 5,250 hours

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