Answered
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) $24 Favorable
B) $232 Favorable
C) $208 Favorable
D) $432 Unfavorable
On May 11, 2024