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Monate Manufacturing Company's Huntsville plant applies overhead to production based on machine hours. The following information relates to October: Budgeted variable overhead costs $72,000
Monate Manufacturing Company's Huntsville plant applies overhead to production based on machine hours. The following information relates to October: Budgeted variable overhead costs $72,000 Budgeted fixed overhead costs $60,000 Standard machine hours allowed per unit 0.50 Actual machine hours 2,200 Actual fixed factory overhead $20,000 Actual variable factory overhead $25,850 4,200 6,000 9,000 Actual units produced Budgeted machine hours Budgeted units produced 14. What is the variable overhead efficiency variance for October? a. $1,200 favorable b. $1,200 unfavorable c. $45,600 favorable d. $45,600 unfavorable e. $27,600 unfavorable 15. What is the production volume variance for October? a. $39,000 unfavorable b. $39,000 favorable c. $15,000 favorable d. $15,000 unfavorable e. $34,800 favorable
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