The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 5.8 hours Standard variable overhead rate $11.50 per hour The following data pertain to operations for the last month: Actual hours Actual Data 2,400 hours Actual total variable manufacturing overhead cost $27,600 Actual output 170 units What is the variable overhead efficiency variance for the month?

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 5.8 hours Standard variable overhead rate $11.50 per hour The following data pertain to operations for the last month: Actual hours Actual Data 2,400 hours Actual total variable manufacturing overhead cost $27,600 Actual output 170 units What is the variable overhead efficiency variance for the month?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter9: Standard Costing: A Functional-based Control Approach

Section: Chapter Questions

Problem 31P: Misterio Company uses a standard costing system. During the past quarter, the following variances...

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