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ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual total overhead $77,410 Actual fixed overhead
ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead.
Actual total overhead | $77,410 |
Actual fixed overhead | $33,500 |
Actual machine hours | 10,000 |
Standard hours for the units produced | 9,600 |
Standard variable overhead rate | $4.60 |
What is the variable overhead efficiency variance? Enter the amount as positive number.
Variable overhead efficiency variance | $ |
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