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Manufacturing overhead data for the production of Product H by Monty Company, assuming the company uses a standard cost system, are as follows. Overhead incurred
Manufacturing overhead data for the production of Product H by Monty Company, assuming the company uses a standard cost system, are as follows.
Overhead incurred for 53,040 actual direct labor hours worked | $268,260 | |
Overhead rate (variable $3; fixed $2) at normal capacity of 55,080 direct labor hours | $5 | |
Standard hours allowed for work done | 53,040 |
Compute the total overhead variance.
Total overhead variance | $enter the total overhead variance in dollars |
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