The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output: 5 hours Standard variable overhead rate: $18.00 per hour The following data pertain to operations for the last month: . Actual hours: 9,000 hours Actual total variable overhead cost: $162,000 • Actual output: 2,000 units What is the variable overhead rate variance for the month?

The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output: 5 hours Standard variable overhead rate: $18.00 per hour The following data pertain to operations for the last month: . Actual hours: 9,000 hours Actual total variable overhead cost: $162,000 • Actual output: 2,000 units What is the variable overhead rate variance for the month?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 9P: Grand Canyon Manufacturing Inc. produces and sells a product with a price of 100 per unit. The...

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