Pleiss Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's standard variable manufacturing overhead rate is $2.40 per machine-hour. The actual variable manufacturing overhead cost for the month was $5,240. The original budget for the month was based on 2,100 machine-hours. The company actually worked 2,270 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 2,280 machine-hours. What was the variable overhead efficiency variance for the month?

A. $432 Unfavorable
B. $208 Favorable
C. $24 Favorable
D. $232 Favorable


Answer: C

Business

You might also like to view...

Here are the data for a time-cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect costs.  What are the total time of this project and total normal cost?

A. Total time is 13 days, total cost is $1,200. B. Total time is 10 days, total cost is $1,750. C. Total time is 9 days, total cost is $1,700. D. Total time is 11 days, total cost is $1,600. E. Total time is 12 days, total cost is $1,700.

Business

When you discuss salary requirements with a prospective employer, you should

A) let the interviewer raise the topic first. B) say that your requirements are not negotiable, based on salary surveys. C) try to negotiate a higher salary regardless of the offer because you are in a good bargaining position. D) focus on other issues such as benefits and signing bonuses. E) ask what kind of salary you can expect after three years, and use that as the basis for negotiations.

Business

A company reports the following information for its first year of operations:Units produced this year 43,000unitsUnits sold this year 39,000unitsDirect materials$0.57per unitDirect labor$0.83per unitVariable overhead$26,660in totalFixed overhead ?in totalIf the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?

A. $24,510 B. $26,660 C. $60,200 D. $35,690 E. Cannot be determined from the given data.

Business

A central bank ________ of domestic currency and corresponding ________ of foreign assets in the foreign exchange market leads to an equal ________ in its international reserves and the monetary base

A) sale; purchase; decline B) sale; sale; increase C) purchase; sale; increase D) purchase; sale; decline

Business