Parkview Manufacturing produced 18,000 units during October. The overhead cost allocation base is $28.00 per machine hour. The following variable overhead data pertain to October: Actual Budgeted 18,000 units 20,000 units Production Machine-hours 12,600 hours 14,000 hours $28.00 Variable overhead cost per machine hour $27.25 What is the variable overhead spending variance?

Parkview Manufacturing produced 18,000 units during October. The overhead cost allocation base is $28.00 per machine hour. The following variable overhead data pertain to October: Actual Budgeted 18,000 units 20,000 units Production Machine-hours 12,600 hours 14,000 hours $28.00 Variable overhead cost per machine hour $27.25 What is the variable overhead spending variance?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 8EB: Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450...

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