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Multiple Choice Question 164 Budgeted overhead for Waterway Industries at normal capacity of 38000 direct labor hours is 56 per hour variable and $4 per

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Multiple Choice Question 164 Budgeted overhead for Waterway Industries at normal capacity of 38000 direct labor hours is 56 per hour variable and $4 per hour foed. In May, $379200 of overhead was incurred in working 39500 hours when 41500 standard hours were allowed The overhead volume variance is $35800 favorable $14000 favorable 520000 favorable $26000 favorable

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