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The following information relating to a companys overhead cost is available. Budgeted fixed overhead rate per machine hour: $1.00 Actual variable overhead: $96,000 Budgeted variable
The following information relating to a companys overhead cost is available.
Budgeted fixed overhead rate per machine hour:
$1.00
Actual variable overhead:
$96,000
Budgeted variable overhead rate per machine hour:
$2.50
Actual fixed overhead:
$13,00
Budgeted hours allowed for actual output achieved:
43,000
Based on this information, the total overhead variance is:
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