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Zepler [3.9K]
3 years ago
6

Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

hine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity 7,900 MHs Actual level of activity 8,100 MHs Standard variable manufacturing overhead rate $ 6.60 per MH Actual total variable manufacturing overhead $ 51,200 What was the variable overhead rate variance for the month?
Multiple Choice

$1,434 Favorable

$1,320 Unfavorable

$940 Favorable

$2,260 Favorable
Business
1 answer:
fenix001 [56]3 years ago
7 0

Answer:

$2,260 Favorable

Explanation:

The computation of the variable overhead rate variance is shown below:

= Actual hours × actual rate - actual hours × standard rate

=  $51,200 - 8,100 hours × $6.60

= $51,200 - $53,260

= $2,260 favorable

The Actual total variable manufacturing overhead comprises of

= Actual hours × actual rate

= $51,200

Simply we put the figures on the given formula.

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7 0
3 years ago
Match the cost variance component to its definition.
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Answer:

1. D

2. A

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Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

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2 years ago
A bank has $500 in checking deposits. Interest and noninterest costs on these accounts are 6%. This bank has $250 in savings and
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<em>13.29%</em>

<em>Explanation:</em>

Answer :- Amount in checking deposit= $500 million-15%= $425 million

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Read more about Schedule here brainly.com/question/25037276

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