The actual machine-hours for the month were 49890, Ask an Expert

Accounting

Gildon Corporation produces metal telephone poles. In the most recent month, the company budgeted production of 7,200 poles. Actual production was 7,600 poles. According to standards, each pole requires 6.5 machine-hours. The actual machine-hours for the month were 49,890 machine-hours. The budgeted indirect labor is $1.20 per machine-hour. The actual indirect labor cost for the month was $56,408. The variable overhead efficiency variance for indirect labor is:

A) $588 U

B) $2,872 F

C) $588 F

D) $2,872 U

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M955942

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