Question
The following standards for variable overhead have been established for Mabuhay Company that makes only one product: Standard hours per unit of output 6.70 hours
The following standards for variable overhead have been established for Mabuhay Company that makes only one product:
Standard hours per unit of output 6.70 hours
Standard variable overhead rate P 13.50 per hour
The following data pertain to operations for the last month:
Actual hours 9,600 hours
Actual total variable overhead cost P 125,220.00
Actual output 1,420 units
REQUIRED:
Compute for the following:
(a) variable manufacturing overhead rate variance =
(b) variable manufacturing overhead efficiency variance =
(c) variable manufacturing overhead spending variance. =
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