Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During February, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead efficiency variance?
A. $1,800 favorable
B. $3,600 favorable
C. $3,600 unfavorable
D. $5,400 favorable
Answer: D
You might also like to view...
Questions can be used to
A. manage difficult or stalled negotiations. B. assist or force the other party to face up to the effects or consequences of their behaviors. C. pry or lever a negotiation out of a breakdown or an apparent dead end. D. All of these choices are correct.
Convenience samples are appropriate to use with exploratory research
Indicate whether the statement is true or false
On the over-the-counter market trades are executed by
A) market makers. B) day traders. C) floor traders. D) specialists.
Boynes Corporation is considering a capital budgeting project that would require investing $200,000 in equipment with an expected life of 4 years and zero salvage value. Annual incremental sales would be $490,000 and annual incremental cash operating expenses would be $330,000. The project would also require an immediate investment in working capital of $10,000 which would be released for use elsewhere at the end of the project. The project would also require a one-time renovation cost of $70,000 in year 3. The company's income tax rate is 30% and its after-tax discount rate is 14%. The company uses straight-line depreciation. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The net
present value of the entire project is closest to:See separate Exhibit 13B-1 to determine the appropriate discount factor(s) using table. A. $132,796 B. $214,750 C. $259,000 D. $126,876