Question
Doomuch Inc. manufactured 95,000 water bottles during April. The variable overhead cost-allocation base is $2.20 per machine-hour. The following variable overhead data pertain to April:
Doomuch Inc. manufactured 95,000 water bottles during April. The variable overhead cost-allocation base is $2.20 per machine-hour. The following variable overhead data pertain to April:
| Actual | Budgeted | |
| Production | 95,000 units | 95,000 units |
| Machine-hours | 4,000 hours | 2,800 hours |
| Variable overhead cost per machine-hour | 3.6 | 2.2 |
What is the variable overhead efficiency variance?
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Accounting Concepts And Applications
Authors: K. Fred Skousen, W. Steve Albrecht, James D. Stice, Earl K. Stice
7th Edition
0538876247, 978-0538876247
