Wineman Incorporated Makes a Single Product-An Electrical Motor Used in Many

question 70

Multiple Choice

Wineman Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed overhead budget variance is:

• A) $16,000 F
• B) $12,234 F
• C) $12,234 U
• D) $16,000 U

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Definitions:

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