CourseLover

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    Devry University
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Category > Accounting Posted 20 Dec 2017 My Price 10.00

Variable manufacturing overhead standards

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. Variable manufacturing overhead standards are based on machine-hours.


 

  Standard hours per unit of output 5.00    machine-hours
  Standard variable overhead rate $11.63    per machine-hour


 

The following data pertain to operations for the last month:


 

  Actual hours 8,500   machine-hours
  Actual total variable manufacturing overhead cost $95,970   
  Actual output 1,600   units


 

What is the variable overhead rate variance for the month?

 

need calculation breakdown please also

Answers

CourseLover
(12)
Status NEW Posted 20 Dec 2017 02:12 PM My Price 10.00

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