The Following Standards for Variable Manufacturing Overhead Have Been Established

question 224

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 rate variance for the month?

• A) $3,010 Favorable
• B) $3,010 Unfavorable
• C) $10,435 Unfavorable
• D) $10,435 Favorable

---

Definitions:

Analytical

Analytical refers to the ability to examine and break down complex information or problems into smaller parts or basic principles for understanding or solving.

Triarchic Theory

A theory proposed by Robert Sternberg, positing that intelligence consists of analytical, creative, and practical components.

Robert Sternberg

An American psychologist known for his theory on intelligence and creativity, which includes the triangular theory of love.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that individuals have various types of intelligence in varying degrees.