During June, XYZ Company had a total standard cost for the variable overhead of $66,000 for the production of 1,000 unit
Posted: Sat May 07, 2022 8:41 pm
During June, XYZ Company had a total standard cost for the
variable overhead of $66,000 for the production of 1,000 units of
product A. Variable overhead is applied on the basis of direct
labor hours and the direct labor standard is 3 hours per unit. The
actual variable overhead was $70,000 and actual labor hours were
3,500. The variable overhead efficiency variance was $11,000
unfavorable. What was the variable overhead rate variance for
June?
variable overhead of $66,000 for the production of 1,000 units of
product A. Variable overhead is applied on the basis of direct
labor hours and the direct labor standard is 3 hours per unit. The
actual variable overhead was $70,000 and actual labor hours were
3,500. The variable overhead efficiency variance was $11,000
unfavorable. What was the variable overhead rate variance for
June?