The following data have been provided by Furr Corporation: Budgeted production 7,000motorsStandard machine-hours per motor 8.6machine-hoursStandard indirect labor rate$7.10per machine-hourStandard power rate$1.40per machine-hour Actual production 7,300motorsActual machine-hours (total) 62,140machine-hoursActual indirect labor cost (total)$408,340 Actual power cost (total)$94,989 ?Indirect labor and power are both elements of variable manufacturing overhead.?The variable overhead rate variance for indirect labor is closest to:
A. $4,544 F
B. $32,854 U
C. $32,854 F
D. $37,398 F
Answer: C
Business
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