The Following Standards for Variable Manufacturing Overhead Have Been Established

question 319

Multiple Choice

The following standards for variable manufacturing overhead have been established for a company that makes only one product: The following data pertain to operations for the last month:
What is the variable overhead efficiency variance for the month?

• A) $7,600 Favorable
• B) $2,835 Favorable
• C) $7,600 Unfavorable
• D) $7,425 Unfavorable

---

Definitions:

Corporate Headquarters

The main office or central hub of a corporation where key managerial and executive activities occur, often seen as the symbolic and functional center of the company.

Board of Directors

A group of individuals elected by shareholders to oversee the activities and direction of a company.

Campaign Contributions

Financial donations given to political candidates, parties, or campaigns to support their activities and efforts towards election.

Superfund

A federal government program designed to fund the cleanup of sites contaminated with hazardous substances and pollutants.