Samantha Ferguson

Business

10 July, 00:04

Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency variance is favorable, the variable overhead efficiency variance will be:

a. either favorable or unfavorable.

b. unfavorable.

c. favorable.

d. zero.

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency variance is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$119 Units in beginning inventory 0 Units produced 6,550 Units sold 6,250 Units in ending inventory 300

Candice, owner of Green Solar Panels, has found that some of her department managers were using management by objectives, but the accounting and sales managers were not. Candice can still expect that the MBO program she introduced will yield results.

Though Miguel relies on his stockbroker to execute his buy and sell orders for shares of stock, he has found that the process of buying or selling a share of stock on a major stock exchange normally takes ___.

McKinney Corporation had beginning retained earnings of $2,242,000 and ending retained earnings of $2,499,000. During the year they issued common stock totaling $141,000. No dividends were paid.

If no legal, regulatory, contractual, competitive, economic, or other factors limit the life of an intangible asset, the asset's assigned value is allocated to expense over which of the following? A. Infinitely. B.

New Questions in Business

Which of the following is true? Multiple Choice The Product "P" in the marketing mix stands only for physical goods. The Product "P" in the marketing mix stands for both physical goods and services.

The same person opens incoming mail and posts the accounts receivable subsidiary ledger.

George failed to pay $5,000 of income tax due with the filing of his return, which was timely filed on April 15th. He waits until June 10th after April 15th to pay the tax. How much will his penalties be?

On November 1, 2019, Juno, Inc. declared a dividend of $3.00 per share on common stock. Juno, Inc. has 10,000 shares of common stock outstanding and 20,000 shares of preferred stock.

Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.