The Following Standards for Variable Manufacturing Overhead Have Been Established

question 47

Multiple Choice

The following standards for variable manufacturing overhead have been established for a company that makes only one product: The following data pertain to operations for the last month: What is the variable overhead efficiency variance for the month?

• A)$17,397 U
• B)$16,817 U
• C)$312 F
• D)$17,085 U

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Definitions:

Assignee

A person or entity to whom rights or interests have been transferred by another, known as the assignor.

Successive Assignments

The process of transferring rights or interests in a property, contract, or other legal entity from one party to another multiple times.

Delegatee

An individual or entity to whom rights or duties are formally transferred, allowing them to act on behalf of the delegator.

Delegates

Representatives who are chosen or elected to act or speak on behalf of others within a conference, assembly, or other meeting.