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Business, 15.12.2020 16:40 arianaguerin

Geschke Corporation, which produces commercial safes, has provided the following data: Budgeted production 8,500 safes
Standard machine-hours per safe 9.1 machine-hours
Standard supplies cost $1.70 per machine-hour
Actual production 8,700 safes
Actual machine-hours 79,100 machine-hours
Actual supplies cost $123,642

Supplies cost is an element of variable manufacturing overhead. The variable overhead rate variance for supplies is closest to:

a. $10,947 U
b. $119 U
c. $119 F
d. $10,947 F

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Answers: 1

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