(Appendix 10A) Wineman Incorporated Makes a Single Product--An Electrical Motor

question 53

Multiple Choice

(Appendix 10A) Wineman Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:

-The variable overhead efficiency variance is:

• A) $2,907 U
• B) $2,250 U
• C) $2,907 F
• D) $2,250 F

---

Definitions:

Foreign Investment

Investment in domestic companies and assets of another country by a foreign investor, aiming to gain returns.