In October, Crane Company reports 20,100 actual direct labor hours, and it incurs $107,500 of manufacturing overhead costs. Standard hours allowed for the work done is 21,500 hours. The predetermined overhead rate is $5.15 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.08 variable per direct labor hour and $51,750 fixed. Compute the overhead volume variance. Normal capacity was 25,000 direct labor hours. Overhead Volume Variance $ eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer

In October. Crane Compary reports 20,100 actual direct labor hours, and it incurs $107,500 of manufacturing over head costs. Standard hours allowed for the work done is 21,500 hours. The predetermined overhead rate is $5.15 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.08 variable per direct labor hour and $51,750 fixed. Compute the overhead volume variance Normal capacity was 25,000 direct labor hours. Overhead Volume Variance eTextbook and Media Attempts: 0 of 1 used