Warp Manufacturing Corporation uses a standard cost system for the production of its ski lift chairs. Warp uses machine-hours as an overhead base. The variable manufacturing overhead standards for each chair are 1.2 machine-hours at a standard cost of $18 per hour.During the month of September, Warp incurred 34,000 machine-hours in the production of 32,000 ski lift chairs. The total variable manufacturing overhead cost was $649,400. What is Warp's variable overhead rate variance for September?
A. $41,800 Favorable
B. $79,200 Favorable
C. $84,040 Favorable
D. $37,400 Unfavorable
Answer: D
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Only certain specified individuals, and not members of the general public, can be incidental beneficiaries of contracts.
Answer the following statement true (T) or false (F)
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