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6 years ago
Glendale Brands Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. At the beginning of the year, the static budget for variable overhead costs included the following data:

Production volume   6,000 units
Budgeted variable overhead costs   $14,000
Budgeted direct labor hours (DLHr)   600 hours

At the end of the year, actual data were as follows:

Production volume   4,000 units
Actual variable overhead costs   $15,200
Actual direct labor hours (DLHr)   480 hours

What is the variable overhead efficiency variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $1,866 F
B) $1,866 U
C) $2,534 U
D) $2,534 F
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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#2
6 years ago
This was certainly a tough question, loving the expertise
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