Question
SouthHaven Corporation applies overhead based on direct labor hours. According to standard cost card, the variable overhead standard is 7.5 hours at $16.5 per hour.
SouthHaven Corporation applies overhead based on direct labor hours.
According to standard cost card, the variable overhead standard is 7.5 hours at $16.5 per hour.
During July, SouthHaven produced 3,400 units using 25,390 labor hours and spent $431,700 for variable overhead.
What is the variable overhead efficiency variance?
Multiple Choice
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$12,765 favorable
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$12,765 unfavorable
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$362,835 favorable
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$1,815 favorable
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
