Question
The following information relating to a company's overhead costs is available. Actual total variable overhead $79,000Actual total fixed overhead $20,000Budgeted variable overhead rate per machine
The following information relating to a company's overhead costs is available.
Actual total variable overhead
$79,000Actual total fixed overhead
$20,000Budgeted variable overhead rate per machine hour
$2.00Budgeted total fixed overhead
$16,000Budgeted machine hours allowed for actual output
44,000
Based on this information, the total variable overhead variance is:
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Financial Markets And Institutions
Authors: Peter Howells, Keith Bain
5th Edition
0273709194, 9780273709190
