Hope, Inc. has a standard variable overhead rate of $4 per machine hour, with each completed unit expected to take three machine hours to produce. A review of the company's accounting records found the following:Actual variable overhead: $210,000Variable-overhead efficiency variance: $18,000UVariable-overhead spending variance: $30,000FHow many units did Hope actually produce during the period?
A. 21,500.
B. 16,500.
C. 18,500.
D. 13,500.
E. None of the answers is correct.
Answer: C
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