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Question 24(1 point) Reference: 11-15 The Baily Division recorded operating data as follows for the past two years: Year 1 Year 2 Sales ? $1,200,000
Question 24(1 point)
Reference: 11-15
The Baily Division recorded operating data as follows for the past two years:
Year 1Year 2
Sales ? $1,200,000
Shareholders' Equity $540,000 $720,000
Average Operating Assets $600,000 ?
Margin 15% ?
Return on Investment 22.5% 18%
Baily Division's turnover was exactly the same in both Year 1 and Year 2.
What was the variable overhead efficiency variance for the period, rounded to the nearest dollar?
Question 24 options:
A)
$1,760 unfavourable.
B)
$2,075 unfavourable.
C)
$2.075 favourable.
D)
$0.
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