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The following data for November have been provided by Genghis Corporation, a producer of precision drills for oil exploration: Budgeted production 4,600 drills Standard machine-hours
The following data for November have been provided by Genghis Corporation, a producer of precision drills for oil exploration:
Budgeted production 4,600 drills
Standard machine-hours per drill 7.5 machine-hours
Standard indirect labor $10.00 per machine-hour
Standard power $3.10 per machine-hour
Actual production 5,100 drills
Actual machine-hours 35,660 machine-hours
Actual indirect labor $370,784
Actual power $107,450
Show your work please.
a. Compute the variable overhead rate variances for indirect labor for November. | ||
b. Compute the variable overhead rate variances for power for November. | ||
c. Compute the variable overhead efficiency variances for indirect labor for November. | ||
d. Compute the variable overhead efficiency variances for power for November. |
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