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Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows. - Overhead
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 for 45,900 actual direct labor hours worked is $417,060.
- Overhead rate (variable $8; fixed $1) is $9.
- Standard hours allowed for work done are 46,640 hours.
Compute the total overhead variance.
Variance | Favorable / Unfavorable | |
Total overhead variance | $ |
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