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The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount
The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $9.500 variable and $6,050 fixed, and standard hours allowed for the product produced in June was 2,858 hours. The total overhead variance is? Do not round intermediate calculations and round your answer to 2 decimal places. Enter an unfavorable variance as a negative and a favorable variance as a positive. h
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