Fluegge Incorporated Has Provided the Following Data Concerning One of the Products

question 403

Multiple Choice

Fluegge Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for December:
The variable overhead efficiency variance for the month is closest to:

• A) $1,003 Unfavorable
• B) $935 Unfavorable
• C) $1,003 Favorable
• D) $935 Favorable

---

Definitions:

Heirs

Individuals legally entitled to receive a portion or all of a deceased person’s estate under the laws of inheritance.

Birth Rate

The annual number of births per 1,000 people in a population.

Population

The total number of individuals or entities within a defined area or group at a specific time.

Per Annum

An annual rate or measurement, often used in the context of interest rates or financial growth rates.