Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,200 Budgeted fixed factory overhead costs $41,800 Activity level, in direct labor hours 15,200 Actual direct labor hours 17,800 Standard hours for output this period 17,200 Total factory overhead rate $4.30 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variance $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Reddy Corporation has collected the following data for the
month of June:
Actual total factory overhead incurred
$61,200
Budgeted fixed factory overhead costs
$41,800
Activity level, in direct labor hours
15,200
Actual direct labor hours
17,800
Standard hours for output this period
17,200
Total factory overhead rate
$4.30
What is the variable overhead efficiency variance? Enter the
amount as positive number.
Variable overhead efficiency variance $
Transcribed Image Text:Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,200 Budgeted fixed factory overhead costs $41,800 Activity level, in direct labor hours 15,200 Actual direct labor hours 17,800 Standard hours for output this period 17,200 Total factory overhead rate $4.30 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variance $
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