Budgeted Variable Overhead for the Year Is $130,000

question 80

Multiple Choice

Budgeted variable overhead for the year is $130,000.Expected activity is 20,000 standard direct labour hours.The actual hours worked were 18,250,and the standard hours allowed for actual production were 19,750.What was the variable overhead efficiency variance?

• A)$0
• B)$1,500 F
• C)$9,750 F
• D)$12,000 F

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Definitions:

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A numeric or categorical variable used in statistical models to represent subgroups or conditions.