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Highfill Corporation's variable overhead is applied on the basis of direct labor - hours. The standard cost card for product D 8 0 D specifies
Highfill Corporation's variable overhead is applied on the basis of direct laborhours. The standard cost card for product DD specifies direct laborhours per unit of DD The standard variable overhead rate is $ per direct laborhour. During the most recent month, units of product DD were made and direct laborhours were worked.
The actual variable overhead incurred was $
Required:
a What was the variable overhead spending variance for the month?
b What was the variable overhead efficiency variance for the month?
Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values.
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