Potestio Incorporated Makes a Single Product--A Critical Part Used in Commercial

question 105

Multiple Choice

Potestio Incorporated makes a single product--a critical part used in commercial airline seats.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 total of the overhead variances is:

• A)$34,955 U
• B)$45,030 F
• C)$34,955 F
• D)$45,030 U

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