The following standards for variable manufacturing
by | Mar 18, 2020 | Uncategorized
The following standards for variable manufacturing overhead have been established for a company that makes only one product: |
Standard hours per unit of output |
5.2 |
hours |
Standard variable overhead rate |
$11.60 |
per hour |
The following data pertain to operations for the last month: |
Actual hours |
2,500 |
hours |
Actual total variable manufacturing overhead cost |
$29,590 |
|
Actual output |
150 |
units |
What is the variable overhead efficiency variance for the month?
breakdown of calculation
|
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