Viger Corporation Has a Standard Cost System in Which It

question 269

Multiple Choice

Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month: What was the variable overhead rate variance for the month?

• A)$2,000 Favorable
• B)$720 Favorable
• C)$1,260 Unfavorable
• D)$1,980 Favorable

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Definitions:

State

Refers to a politically organized body of people usually occupying a definite territory; especially, one that is sovereign.

Bait-And-Switch

A deceitful sales tactic where a customer is lured by an advertisement for a low-priced item but then is persuaded to buy a more expensive one.

Advertise

The act of promoting products, services, or brands to potential customers through various media.

Expensive Item

An object that is high in price or costs a significant amount of money, often implying it is of high quality or value.