Question
31*. Burnet Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at $3.50 per hour. During October, Burnet Company
31*. Burnet Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at $3.50 per hour. During October, Burnet Company spent $157,600 for variable overhead. 47,440 labor hours were used to produce 4,800 units. What is the variable overhead efficiency variance? A. $8,440 favorable B. $8,440 unfavorable C. $1,960 favorable D. $1,960 unfavorable
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Introduction To Accounting
Authors: Peter Scott
2nd Edition
0198849966, 978-0198849964
