Match Point, Inc. has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100Match Point's variable-overhead efficiency variance is:
A. $4,800 unfavorable.
B. $550 favorable.
C. $550 unfavorable.
D. $4,800 favorable.
E. None of the answers is correct.
Answer: D
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