Figure 8 the Following Information Was Extracted from the Accounting Records of Records

question 73

Multiple Choice

Figure 8
The following information was extracted from the accounting records of Noelle Company:
Budgeted fixed overhead for the period is £420,000, and the budgeted fixed overhead rate is based on an expected capacity of 30,000 direct labour hours.
The following information is available regarding the company's operations for the period:

-Refer to Figure 8. Noelle's variable overhead efficiency variance would be

• A) £7,000 favorable
• B) £8,000 unfavorable
• C) £15,000 favorable
• D) £23,000 unfavorable

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