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Will rate The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead

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The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs:

Actual total factory overhead cost incurred $ 35,000
Actual fixed overhead cost incurred $ 11,000
Budgeted fixed overhead cost $ 10,000
Actual machine hours 9,000
Standard machine hours allowed for the units manufactured 4,100
Denominator volumemachine hours 3,500
Standard variable overhead rate per machine hour $ 3

The variable factory overhead efficiency variance, to the nearest dollar, is:

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The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs: Actual total factory overhead cost incurred Actual fixed overhead cost incurred Budgeted fixed overhead cost Actual machine hours Standard machine hours allowed for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $35,000 $11,000 $10,000 9,000 4,100 3,500 $ 3 The variable factory overhead efficiency variance, to the nearest dollar, is: Multiple Choice $15,100 favorable o $15.600 favorable. a $15,500 unfavorable. $14,700 unfavorable. $16,200 favorable

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