A Manufacturing Company That Has Only One Product Has Established

question 1

Multiple Choice

A manufacturing company that has only one product has established the following standards for its variable overhead. The company uses direct labor-hours (DLHs) as its measure of activity. The following data pertain to operations for the last month:
-What is the variable overhead efficiency variance for the month?

• A) $504 U
• B) $1,120 U
• C) $1,120 F
• D) $1,144 F

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Definitions:

Recommendations

Advice or proposals offered with regard to prudent future action, often based on expertise or personal experience.

Progress Report

A document or update presentation that outlines the current status of a project or task, highlighting completed objectives and future plans.

Customer Service

The help and service offered by a business to its customers who purchase or utilize its products or services.

Justification/Recommendation Report

A document that evaluates options and suggests the best course of action based on evidence and reasoning.