Use the Following Information to Answer the Following Questions

question 65

Multiple Choice

Use the following information to answer the following Questions
Sigmo Company, which uses a standard cost system, budgeted $800,000 of fixed overhead when 50,000 machine hours were anticipated. Other data for the period were:
Actual units produced: 10,600
Actual machine hours worked: 51,800
Actual variable overhead incurred: $475,000
Actual fixed overhead incurred: $790,100
Standard variable overhead rate per machine hour: $8.50
Standard production time per unit: 5 hours

-Sigmo's variable-overhead efficiency variance is:

• A) $10,200U.
• B) $10,200F.
• C) $15,300U.
• D) $15,300F.
• E) None of the answers is correct.

---

Definitions:

Self-Efficacy

The confidence in one’s ability to carry out a specific task.

Expectancy Theory

A motivational theory positing that individuals are motivated to act in certain ways based on the expected outcomes of their actions and the value they place on those outcomes.

Achieve Target

The act of successfully reaching or accomplishing specific goals or objectives that have been set.

Consensus Decision

A group decision-making process that seeks unanimous agreement among all participants.