Financial data related to a company's unit production for the current month are as follows: Standard overhead hours for production of 15,000 units - 20,000 hrs. . Actual unit production - 15,000 units Actual variable factory overhead - $475,000 Actual fixed factory overhead - $50,000 Standard unit total overhead cost per hour - $30 $ Standard fixed factory overhead per hour - $3 What amount is the company's variable factory overhead variance for the current month? Select one: O a. -$75,000 O b.-$25,000 O c. $65,000 O d. $1,25,000
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Financial data related to a company's unit production for the current month are as follows: Standard overhead hours for production of 15,000 units - 20,000 hrs. . Actual unit production - 15,000 units Actual variable factory overhead - $475,000 Actual fixed factory overhead - $50,000 Standard unit total overhead cost per hour - $30 $ Standard fixed factory overhead per hour - $3 What amount is the company's variable factory overhead variance for the current month? Select one: O a. -$75,000 O b.-$25,000 O c. $65,000 O d. $1,25,000
Answer:
Financial data related to a company's unit production for the current month are as follows: Standard overhead hours for production of 15,000 units - 20,000 hrs. . Actual unit production - 15,000 units Actual variable factory overhead - $475,000 Actual fixed factory overhead - $50,000 Standard unit total overhead cost per hour - $30 $ Standard fixed factory overhead per hour - $3 What amount is the company's variable factory overhead variance for the current month? Select one: O a. -$75,000 O b.-$25,000 O c. $65,000 O d. $1,25,000Financial data related to a company's unit production for the current month are as follows: Standard overhead hours for production of 15,000 units - 20,000 hrs. . Actual unit production - 15,000 units Actual variable factory overhead - $475,000 Actual fixed factory overhead - $50,000 Standard unit total overhead cost per hour - $30 $ Standard fixed factory overhead per hour - $3 What amount is the company's variable factory overhead variance for the current month? Select one: O a. -$75,000 O b.-$25,000 O c. $65,000 O d. $1,25,000Financial data related to a company's unit production for the current month are as follows: Standard overhead hours for production of 15,000 units - 20,000 hrs. . Actual unit production - 15,000 units Actual variable factory overhead - $475,000 Actual fixed factory overhead - $50,000 Standard unit total overhead cost per hour - $30 $ Standard fixed factory overhead per hour - $3 What amount is the company's variable factory overhead variance for the current month? Select one: O a. -$75,000 O b.-$25,000 O c. $65,000 O d. $1,25,000