Question
MegaCorp budgeted 5,000 units of production, with total overhead costs budgeted at $50,000. Actual production was 6,000 units, and actual overhead costs amounted to $55,000.
MegaCorp budgeted 5,000 units of production, with total overhead costs budgeted at $50,000. Actual production was 6,000 units, and actual overhead costs amounted to $55,000. Calculate the overhead spending variance and the overhead efficiency variance.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
11th edition
978-0133851151, 013385115X, 978-0133866889
