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Sholette Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $3.00
Sholette Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $3.00 per MH. During the month, the actual total variable manufacturing overhead was $22,910 and the actual level of activity for the period was 7,900 MHs. What was the variable overhead rate variance for the month?
a. $263 Favorable
b. $263 Unfavorable
c. $790 Unfavorable
d. $790 Favorable
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