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Calculating the Total Overhead Variance Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,800 Standard direct

Calculating the Total Overhead Variance

Standish Company manufactures consumer products and provided the following information for the month of February:

Units produced 131,800
Standard direct labor hours per unit 0.2
Standard variable overhead rate (per direct labor hour) $3.40
Actual variable overhead costs $88,750
Actual hours worked 26,650

Required:

1. Calculate the total variable overhead variance. $fill in the blank 1

2. What if actual production had been 129,500 units? How would that affect the total variable overhead variance? Indicate what the new variance would be below. $fill in the blank 3

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