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Total Variable Overhead Variance Rath Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour $3.75 Standard hours
Total Variable Overhead Variance
Rath Company showed the following information for the year:
Standard variable overhead rate (SVOR) per direct labor hour | $3.75 | ||
Standard hours (SH) allowed per unit | 4 | ||
Actual production in units | 15,000 | ||
Actual variable overhead costs | $222,816 | ||
Actual direct labor hours | 57,200 |
Required:
1. Calculate the standard direct labor hours for actual production.
hours
2. Calculate the applied variable overhead.
$
3. Calculate the total variable overhead variance. Enter amount as a positive number and select Favorable or Unfavorable.
$
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