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The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per machine hour $ 1.50 Actual variable overhead $ 97,000
The following information relating to a company's overhead costs is available.
| Budgeted fixed overhead rate per machine hour | $ | 1.50 | |
| Actual variable overhead | $ | 97,000 | |
| Budgeted variable overhead rate per machine hour | $ | 1.50 | |
| Actual fixed overhead | $ | 16,000 | |
| Budgeted hours allowed for actual output achieved | 39,000 | ||
Based on this information, the total overhead variance is:
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Financial Accounting For Non Specialities
Authors: Peter Atrill, Eddie McLaney
2nd Edition
0139833625, 9780139833625
