Raven applies overhead based on direct labor hours. The variable overhead standard is 2 hours at $11 per hour. During July, Raven spent $116,700 for variable overhead. 8,890 labor hours were used to produce 4,700 units. What is the variable overhead efficiency variance?
A. $18,910 unfavorable
B. $46,090 favorable
C. $5,610 favorable
D. $18,910 favorable
Answer: C
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For what purpose are ER diagrams used?
Jublot Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 600 Materials costs$7,300 Conversion costs$2,300 Percent complete with respect to materials 50%Percent complete with respect to conversion 10%Units started into production during the month 9,400 Units transferred to the next department during the month 8,600 Materials costs added during the month$196,300 Conversion costs added during the month$315,800 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 70%Percent complete with
respect to conversion 40%The cost per equivalent unit for conversion costs for the first department for the month is closest to: A. $34.73 B. $24.38 C. $19.45 D. $21.76
Companies whose operations are consistent with stakeholder theory:
A. report lower earnings levels than their competitors. B. include McDonald's, Tri-Com, and Sierra Designs. C. include Johnson & Johnson, eBay, Google, and Lincoln Electric. D. have higher staff turnover rates than their competitors.
When legitimate authority governs social interactions it is known as ______.
A. market control B. clan control C. performance ambiguity D. bureaucratic control