Use the Following Information for the Next 4 Questions

question 123

Multiple Choice

Use the following information for the next 4 questions.
Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded:
-The variable overhead efficiency variance was

• A) $8,000 U
• B) $4,000U
• C) $2,000 U
• D) $4,000 F

---

Definitions:

Higher-priced Shoes

Footwear that is sold at a premium due to factors like brand, quality, or design superiority.

Sales

The total amount of goods or services sold by a company within a specific period.

Manufacturing Costs

Total expenses involved in producing a product or operating a manufacturing business, including materials, labor, and overhead costs.

CCA Class

refers to the categorization of depreciable properties under the Capital Cost Allowance system for tax purposes in Canada, which determines the rate of depreciation.