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Jefferson Co. uses the following standard to produce a single unit of its product: variable overhead $6 (2 hrs. per unit @ $3/hr.). Actual data
Jefferson Co. uses the following standard to produce a single unit of its product: variable overhead $6 (2 hrs. per unit @ $3/hr.). Actual data for the month show variable overhead costs of $147,000, and 24,100 units produced. The total variable overhead variance is:
$78,000 U
$78,000 F
$7,400 U
$8,000 F
$2,400 F
NOT ENOUGH DATA TO ANSWER
$2,400 U
$8,000 U
$7,400 F
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