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Viger Corporation has a standard cost system in which it applies manufacturing o

ID: 2509275 • Letter: V

Question

Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:

What was the variable overhead rate variance for the month?

A. 1,360 U

B. 1,431 F

C. 960 F

D. 2,320 F

Budgeted level of activity 8,100 MHs Actual level of activity 8,300 MHs Standard variable manufacturing overhead rate $ 6.80 per MH Actual total variable manufacturing overhead $ 54,120

Explanation / Answer

D. 2,320 F

Variable overhead rate variance = AH (AR - SR) = AH × AR - AH × SR

= $54,120 - (8,300 hours × $6.80 per hour)

= $2,320 F