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gates company collected the following data regarding production of one of its products. compute the totall overhead variance the controllable overhead vairance and overhead volume

gates company collected the following data regarding production of one of its products. compute the totall overhead variance the controllable overhead vairance and overhead volume variance

Direct laboe standard (2 h@15/h) 30.00 per finshed unit

actual direct labor hours 60800h

budget units 31000 unit

Actual finshed units produced 30.000

standard variable OH rate (2 h@14/h) 2800per finished unit

standard fixed OHrate (310000/62000h) 5 per hours *2h=10 per finshed hours

Actual cost of variable overhead cost incurred 857600 unit

Actual cost of fixedoverhead cost incurred 312000

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