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ABC Inc. spent a total of $47,400 on factory overhead. Of this, $26,000 was fixed overhead. ABC Inc. had budgeted $25,000 for fixed overhead.
ABC Inc. spent a total of $47,400 on factory overhead. Of this, $26,000 was fixed overhead. ABC Inc. had budgeted $25,000 for fixed overhead. Actual machine hours were 5,000. Standard hours for units made were 4,900. The standard variable overhead rate was $4.40. What is the variable overhead rate variance? Enter the amount as positive number Variable overhead rate variance X Favorable
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