Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate $2 per machine hour Standard fixed overhead rate $1 per machine hour Actual variable overhead costs $390,000 Actual fixed overhead costs $175,000 Budgeted fixed overhead costs $190,000 Standard machine hours per unit produced 10 Good units produced 18,000
Actual machine hours 195000 Compute the variable overhead efficiency variance.
a. $50000 (F)
b. $50000 (U)
c. $40000 (F)
d. $30000 (U)
D
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