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DBC produces a single product. The standard production requirement for each unit requires 0.50 variable overhead hours at a standard rate of $6 per hour.
DBC produces a single product. The standard production requirement for each unit requires 0.50 variable overhead hours at a standard rate of $6 per hour. During the last year, DBC assembly line workers worked a total of 5,000 hours. Variable overhead spending was $33,000 to DBC and is allocated based on direct labour hours. Also last year, DBC manufactured 3,000 units of product. What was the company's variable overhead spending variance for the year? Multiple Choice Nil $10,000 unfavourable $8,000 favourable $3,000 unfavourable
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