A Manufacturing Company That Has Only One Product Has Established

question 423

Multiple Choice

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. The following data pertain to operations for the last month:
What is the variable overhead rate variance for the month?

• A) $10,821 Unfavorable
• B) $255 Unfavorable
• C) $10,821 Favorable
• D) $255 Favorable

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Definitions:

Tracking System

A technology or method used to monitor the movement, progress, or status of items, individuals, or processes.

Internal Recruiting

The practice of filling job vacancies within an organization by considering current employees for the roles before seeking external candidates.

Employee Counselling

A service provided by organizations to support the mental and emotional well-being of their employees, addressing personal and professional issues.

Recruitment Need

The necessity for an organization to engage in activities to attract and select candidates for employment openings.