Question
Russo Corporation manufactured 16,000 air conditioners during November. The overhead costminusallocation base is $ 34.75 per machineminushour. The following variable overhead data pertain to November:
Russo Corporation manufactured
16,000
air conditioners during November. The overhead
costminusallocation
base is
$ 34.75
per
machineminushour.
The following variable overhead data pertain to November:
| Actual | Budgeted | ||
| Production | 16,000 units | 18,000 units | |
| Machineminushours | 7,875 hours | 9,000 hours | |
| Variable overhead cost per machineminushour | $ 34.00$34.00 | $ 34.75$34.75 |
What is the total variable overhead variance?
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AML Auditing Understanding Transaction Monitoring
Authors: Bob Walsh
1st Edition
1539519740, 978-1539519744
