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I need help with the answers and an explanation Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses
I need help with the answers and an explanation
Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows.
Overhead incurred for45,600actual direct labor hours worked $368,320 Overhead rate (variable $7; fixed $1) at normal capacity of43,900direct labor hours $8 Standard hours allowed for work done 45,840
Compute the total overhead variance.
Total overhead variance$
Unfavorable
Favorable
Neither favorable nor unfavorable
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