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| Teaching Since: | May 2017 |
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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
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| The following standards for variable manufacturing overhead have been established for a company that makes only one product: |
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| Â Â Standard hours per unit of output | 5.2Â | Â hours |
| Â Â Standard variable overhead rate | $11.60Â | Â per hour |
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| The following data pertain to operations for the last month: |
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| Â Â Actual hours | 2,500Â | Â hours |
| Â Â Actual total variable manufacturing overhead cost | $29,590Â | Â |
| Â Â Actual output | 150Â | Â units |
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|
What is the variable overhead efficiency variance for the month? Â breakdown of calculation please |
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