Gremminger Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted variable manufacturing overhead$70,350 Budgeted hours 35,000labor-hours Actual variable manufacturing overhead$72,624 Actual hours 27,200labor-hours?The variable overhead rate variance is:
A. $17,952 U
B. $17,952 F
C. $19,404 U
D. $19,404 F
Answer: A
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