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Copr. Goedl 2022Standard manufacturing costs Direct Material (wood pulp) Direct labor Variable manufacturing overhead** Total cost per unit Quantity Actual manufacturing data Actual production 6,000
Copr. Goedl 2022Standard manufacturing costs Direct Material (wood pulp) Direct labor Variable manufacturing overhead** Total cost per unit Quantity Actual manufacturing data Actual production 6,000 units $0.50 1.5 lbs *LH labor hours; MH = machine hours Price per quantity 2 MH* Standard per unit 0.5 LH $18.00 $9.00 **variable overhead is applied based on machine hours $0.75 $1.00 $2.00 $11.75 8,900 lbs of material costing $4,895 was purchased and used 3,200 direct labor hours were worked for a total cost of $57,920 11,800 machine hours were logged and total variable overhead was $14,750 What is the manufacturing overhead rate variance?
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