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Manufacturing overhead data for the production of Product H by Shakira Company are as follows. Overhead incurred for45,400actual direct labor hours worked $411,700 Overhead rate
Manufacturing overhead data for the production of Product H by Shakira Company are as follows.
Overhead incurred for45,400actual direct labor hours worked | $411,700 |
Overhead rate (variable $8; fixed $1) at normal capacity of54,000direct labor hours | $9 |
Standard hours allowed for work done | 45,344 |
Compute the total overhead variance.
Total overhead variance | $ | Neither favorable nor unfavorableUnfavorableFavorable |
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