Descamps Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.
Inputs Standard Quantity or Hours Standard Price or Rate
per Unit of Output
Variable manufacturing overhead 0.20 hours $6.10 per hour
The company has reported the following actual results for the product for July:
Actual output 4,200 units
Actual direct labor-hours 780 hours
Actual variable overhead rate $ 6.20 per hour
The variable overhead efficiency variance for the month is closest to:
Multiple Choice:
O $366 F
O $372 U
O $372 F
O $366 U
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Descamps Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Cash received before services are performed which is recorded as a debit to a cash account and a credit to a liability account is called an accrued revenue. an unearned revenue. an unrecorded revenue. none of these answer choices are correct.
Answers (1)
Mahaffey Enterprises has a temporary difference resulting in future deductible amounts of $500,000, income taxes payable of $800,000, and a tax rate of 20 percent. What should they record as their income tax expense for this period?
Answers (2)
What electrical safety procedure is described below: If you are going to work on something electrical, you should first disconnect it completely from its electrical source.
Answers (1)
You are considering a car with no down payment and monthly payments of $550 for 48 months and an estimated value at the end of the loan term of $8,000. A comparable model can be leased for $550 a month for 36 months with end-of-lease costs of $1,800.
Answers (1)
Which countries were involved in the central powers alliance.
Answers (1)
New Questions in Business
On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What is the transaction to reflect this return?
Answers (1)
Do you feel ethics is critical in every business transactions? and why?
Answers (1)
An increase in the size of a tax is most likely to increase tax revenue in a market with elastic demand and elastic supply. a) elastic demand and inelastic supply. b) inelastic demand and elastic supply. c) inelastic demand and inelastic supply.
Answers (1)
Earth's Treasures Mining Co. acquired mineral rights for $93,000,000. The mineral deposit is estimated at 60,000,000 tons. During the current year, 16,800,000 tons were mined and sold. a. Determine the depletion rate.
Answers (1)
Using your resources wisely means using the smallest amount of resources to produce the greatest amount of output. True / False.
Answers (1)