Grant Co Uses the Following Standard to Produce a Single Unit

question 152

Multiple Choice

Grant Co. uses the following standard to produce a single unit of its product: Variable overhead (2 hrs. per unit @ $4/hr.) Actual data for the month show total variable overhead costs of $190,000, and 23,000 units produced. The total variable overhead variance is:

• A) $78,000F.
• B) $78,000U.
• C) $6,000U.
• D) $0.
• E) $6,000F.

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