Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 5.0 grams$7.00per gramDirect labor 0.30hours$21.30per hourVariable manufacturing overhead 0.30hours$9.60per hourThe company has reported the following actual results for the product for June: Actual output 8,500unitsRaw materials purchased 48,100gramsActual price of raw materials$7.70per gramRaw materials used in production 42,490gramsActual direct labor-hours 2,300hoursActual direct labor rate$21.70per hourActual variable overhead rate$9.80per hourThe variable overhead efficiency variance for
the month is closest to:
A. $2,450 U
B. $2,400 U
C. $2,400 F
D. $2,450 F
Answer: C
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