Bellingham Company produced 2,700 units of product that required 3.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.50 per direct labor hour. The actual variable factory overhead was $54,155. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Bellingham Company produced 2,700 units of product that required 3.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.50 per direct labor hour. The actual variable factory overhead was $54,155. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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