The variable overhead rate is ($5) per direct labor hour; 31,000 direct labor hours were used to

Question:

The variable overhead rate is $$5$ per direct labor hour; 31,000 direct labor hours were used to produce 7,500 units of product. The standard is 4 direct labor hours per unit. Actual, variable overhead cost was $$153,000.$ Determine the variable overhead variances.

Fantastic news! We've Found the answer you've been seeking!