A Manufacturing Company Has a Standard Costing System Based on Standard

question 5

Multiple Choice

A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period:
What was the variable overhead efficiency variance for the period to the nearest dollar?

• A) $578 U
• B) $385 U
• C) $378 U
• D) $955 U

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Definitions:

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A strategy intended to frighten people into making a decision or taking a particular action by presenting a worst-case scenario or highlighting negative outcomes.

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A strong desire to know or learn something, driving exploration and inquiry.

Product

A product is any good, service, or idea that can be offered to a market to satisfy a want or need.

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