USA Oerhead Efficiency Variance

[kapsford]

Standard Cost System:

Actual direct labor hours worked = 17000
Standard diret labor hours allowed for good output = 18000
Actual total factory overhead costs incurred = $45400
Budgeted fixed factory overhead costs = $10800
Denominator activity level, in direct labor hours = 15000
Total factory overhead application rate per standard direct labor hour = $2.70

The Variable Factory Overhead Efficiency Variance is:
A. $940 U
B. $1040 F
C. $1980 F
D. $2160F
E. $3200F

** If you could please help me with the solution steps for this problem, it would be greatly appreciated.** Thanks in advance.

 

[kapsford]

58 views and 0 replies. Such an amazing help forum! I'll be sure to refer all my friends to the morons at accountant-forums! - Thanks guys

 

[Ian]

58 views and 0 replies. Such an amazing help forum! I'll be sure to refer all my friends to the morons at accountant-forums! - Thanks guys

You asked this question on a Friday then complain about it on a Sunday - that's not a lot of time and it's over a weekend! I'm sure that calling people morons will assure a quick reply, especially when they're giving free advice in their own time!

I'm closing this thread.