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Kent County Company produces a single product. The standard cost card for the product follows: Direct material q , 3 pounds @ $ 4 /
Kent County Company produces a single product. The standard cost card for the product follows:
Direct material pounds @ $pound $ per unit
Direct labor hours @ $hour $ per unit
Variable overhead hours @ $ hour $ per unit
During a recent period the company produced units of product. Various costs associated with the production of these units are given below:
Units produced
Direct material used
Direct material purchased pounds Direct labor cost hours
Variable overhead cost incurred
pounds
$
$
$
The variable overhead efficiency variance is:
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