Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Actual direct labor for the month of June totaled 14,500 hours compared to an allowed standard of 15,000 hours. Total actual overhead was $33,000. The
Actual direct labor for the month of June totaled 14,500 hours compared to an allowed standard of 15,000 hours. Total actual overhead was $33,000. The standard overhead application rate is $2.25 per direct labor hour. What was the overhead spending variance for the month?
options:
$375 favorable
$375 unfavorable
$750 favorable
$750 unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started