Martinakom

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Category > Accounting Posted 30 Jul 2017 My Price 6.00

I just need to know if my math is correct on this question

I just need to know if my math is correct on this question.  The question is attached.  below is my answer.

Variable overhead spending variance = (standard cost x actual cost) – Actual variable manufacturing =

(12*275,000) – 3,510,000 = 210,000 (unfavorable)

Variable overhead efficiency variance = (standard cost x actual cost)- standard cost per hour

(56,000*5-275,000)*12 = $60,000 (favorable)

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Martinakom
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Status NEW Posted 30 Jul 2017 05:07 PM My Price 6.00

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