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The clark company makes a single product and uses standard

Question - The Clark Company makes a single product and uses standard costing. Some data concerning this product for the month of May follow:

Labor rate variance: $7,000 F

Labor efficiency variance: $12,000 F

Variable overhead efficiency variance: $4,000 F

Number of units produced: 10,000

Standard labor rate per direct labor hour: $12

Standard variable overhead rate per direct labor hour: $4

Actual labor hours used: 14,000

Actual variable manufacturing overhead costs: $58,290

The total standard cost for variable overhead for May was:

a. $56,000.

b. $40,000.

c. $60,000.

d. $50,000.

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