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What variable production overhead expenditure variance is

Assignment Help Managerial Accounting
Reference no: EM132632077

P operates a standard marginal costing system. The following budgeted and standard cost information is available:

Budgeted production and sales 10,000 units

Variable production overheads - 5 hours x $4 $20 per unit

Actual results for the period were as follows:

Production and sales 11,500 units

Variable production overheads - 52,000 hours $195,000

Problem 1: The variable production overhead expenditure variance is

A. $35,000 adverse

B. $13,000 adverse

C. $13,000 favourable

D. $35,000 favourable

Reference no: EM132632077

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