Arca Incorporated makes a single product-a critical part used in commercial airline seats. 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 variable overhead efficiency variance is:
Definitions:
Q1: Mercer Corporation estimates that an investment of
Q7: The higher the discount rate, the higher
Q16: For performance evaluation purposes, the fixed costs
Q47: Chuong Corporation is conducting a time-driven activity-based
Q53: Mark is an engineer who has designed
Q71: Minden Corporation estimates that the following costs
Q78: Weimar Corporation is conducting a time-driven activity-based
Q92: Manjarrez Corporation has provided the following information
Q126: Eastwood Corporation manufactures numerous products, one of
Q194: Fanelli Corporation, a merchandising company, reported the