Question
Redel Inc. has the following results for the current period Budget Actual Fixed Overhead $155,500 $155,500 Units Produced 6,600 6,200 Direct labour hours 12,250 11,800
Redel Inc. has the following results for the current period
| Budget | Actual | |
| Fixed Overhead | $155,500 | $155,500 |
| Units Produced | 6,600 | 6,200 |
| Direct labour hours | 12,250 | 11,800 |
Fixed overhead is applied at $12 per direct labour hour. Variable overhead is applied at $27.50 per DLH. The standard hours per unit is 2 direct labour hours. Actual variable overhead was $306,000.
What is the variable overhead efficiency variance?
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
