Geschke Corporation, which produces commercial safes, has provided the following data: Budgeted production 8,500safesStandard machine-hours per safe 9.1machine-hoursStandard supplies cost$1.70per machine-hourActual production 8,700safesActual machine-hours 79,100machine-hoursActual supplies cost$123,642 ?Supplies cost is an element of variable manufacturing overhead.?The variable overhead rate variance for supplies is closest to:
A. $10,828 F
B. $10,947 U
C. $10,947 F
D. $10,828 U
Answer: A
Business
You might also like to view...
Because of its culture, China has seen the rise of many charismatic leaders.
a. true b. false
Business
A ________ is a group of items targeting the same customer type, such as girls' sizes 4 to 6.
A. classification B. merchandise category C. merchandise group D. stock-keeping unit E. department
Business
A decrease in the Retained Earnings account is recorded with a debit
Indicate whether the statement is true or false
Business
What practice involves the analysis of various financial ratios?
A. financial analysis B. financial accounting C. financial management D. managerial accounting
Business