Dan Corporation uses a standard costing system in w production on the basis of the number of machine ho Variable manufacturing overhead cost incurrec Total (flexible budget) variable overhead varia Standard machine hours allowed for actual pro Actual machine hours incurred: 3,600 The variable overhead efficiency variance is: A) $1,050 favorable B) $1,050 unfavorable C) $3,500 unfavorable D) $2,100 favorable SIRIA c Standard Costs and Variance 8. A company has incurred the following total costs for its very first mo Raw materials purchased Direct labor Variable factory overhead Fixed factory overhead Variable selling and administrative Fixed selling and administrative $67,000 $81,000 $26,000 ? $6,000 $8,000 The company also reported the following information: Sales (1,600 units) Gross margin $192,000 $57,000 Ending inventories: Raw materials Work-in-process Finished goods in units) $10,000 None 900 units How much fixed overhead cost is included in ending finished goods inv 9. The Keystone Company has three divisions: A, B, and C. Assume Salon Dan Corporation uses a standard costing system in w production on the basis of the number of machine ho Variable manufacturing overhead cost incurrec Total (flexible budget) variable overhead varia Standard machine hours allowed for actual pro Actual machine hours incurred: 3,600 The variable overhead efficiency variance is: A) $1,050 favorable B) $1,050 unfavorable C) $3,500 unfavorable D) $2,100 favorable SIRIA c Standard Costs and Variance 8. A company has incurred the following total costs for its very first mo Raw materials purchased Direct labor Variable factory overhead Fixed factory overhead Variable selling and administrative Fixed selling and administrative $67,000 $81,000 $26,000 ? $6,000 $8,000 The company also reported the following information: Sales (1,600 units) Gross margin $192,000 $57,000 Ending inventories: Raw materials Work-in-process Finished goods in units) $10,000 None 900 units How much fixed overhead cost is included in ending finished goods inv 9. The Keystone Company has three divisions: A, B, and C. Assume Salon