Harp Company applies overhead using machine hours and reports the following information. Compute the total variable overhead

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Harp Company applies overhead using machine hours and reports the following information. Compute the total variable overhead cost variance.
Actual machine hours used . . . . . . . . . . . . . . . . . . 4,950 hours
Standard machine hours . . . . . . . . . . . . . . . . . . . . 5,000 hours
Actual variable overhead rate per hour . . . . . . . . . $2.10
Standard variable overhead rate per hour . . . . . . . . $2.00

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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