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The following information is available for Bonitas Hot Dogs: Actual production 11,090 packages Budgeted production 12,500 packages Standard direct labor hours 1.34 direct labor hours
The following information is available for Bonitas Hot Dogs:
Actual production | 11,090 | packages | |
Budgeted production | 12,500 | packages | |
Standard direct labor hours | 1.34 | direct labor hours per package | |
Actual direct labor hours | 15,869 | ||
Standard variable overhead rate | $4 | per direct labor hour | |
Actual variable overhead costs | $54,866 |
Calculate the variable overhead spending and efficiency variances. (Round answers to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)
Variable overhead spending variance | $ | ||
Variable overhead efficiency variance |
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