Aldora Manufacturing showed the following information for the year: Standard variable overhead rate (SVOR) per labor $2.85 hour Standard hours allowed per unit Actual production Actual variable overhead costs Actual direct labor hours A. Calculate the actual variable overhead rate (AVOR) B. Calculate the applied variable overhead C. Calculate the total variable overhead variance 5 18,000 units $278,460 94,200

Aldora Manufacturing showed the following information for the year: Standard variable overhead rate (SVOR) per labor $2.85 hour Standard hours allowed per unit Actual production Actual variable overhead costs Actual direct labor hours A. Calculate the actual variable overhead rate (AVOR) B. Calculate the applied variable overhead C. Calculate the total variable overhead variance 5 18,000 units $278,460 94,200

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter10: Standard Costing And Variance Analysis

Section: Chapter Questions

Problem 38BEB: Mulliner Company showed the following information for the year: Required: 1. Calculate the standard...

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Actual variable overhead rate
A company reports the following information for its direct labor. Actual hours of direct labor used Actual rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direct labor for units produced ! AH = Actual Hours SH= Standard Hours AR= Actual Rate SR Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Q F1 Actual Cost @ 2 W F2 # 3 E 80 F3 $ $ 4 0 Ơ F4 R $ % 5 0 0 * DII 8 F8 Standard Cost ( 9 F9 ) U I O F1