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11 (PART A) 8 points Saved Bahrain Corporation manufactured 30,000 clocks during September. The overhead cost-allocation base is $11.25 per machine-hour. The following variable overhead
11 (PART A) 8 points Saved Bahrain Corporation manufactured 30,000 clocks during September. The overhead cost-allocation base is $11.25 per machine-hour. The following variable overhead data pertain to September: . . Actual Production 30,000 units Budgeted Production 24,000 units Actual Machine-hours 15,000 hours Budgeted Machine-hours 10,800 hours Actual Variable overhead cost per machine-hour: $11.00 Budgeted Variable overhead cost per machine-hour $11.25 REQUIRED: (i) Compute the variable overhead spending variance. (ii) Compute the variable overhead efficiency variance. (PART B)
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