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Alpha company makes a single product and uses a standard costing system that applies overhead on the basis of direct labor hours. For the most
Alpha company makes a single product and uses a standard costing system that applies overhead on the basis of direct labor hours. For the most recent period, the VOH spending variance was $120,000 F, and the VOH Efficiency Variance was $50,000 U. The company budgeted making 4,800 units at 3.5 hours each with $924,000 of VOH. The company actually produced 3,000 units. What was the actual VOH? (Please round to nearest dollar at the end of your calculations)
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