Question
Tyro Company has a standard cost system that applies manufacturing overhead to units of product on the basis of direct labour hours (DHS). The following
Tyro Company has a standard cost system that applies manufacturing overhead to units of product on the basis of direct labour hours (DHS). The following Information is available: Actual Total Overhead Costs Actual Fixed Overhead Costs Budgeted Fixed Overhead Costs Actual Hours Worked $15,000 $7,200 $7,000 3,500 DLHS 3,800 DLH $2.50 per DLH Standard Hours Allowed for the Output. Variable Overhead Rate Based on these data, what was the variable overhead spending variance? Based on these data, what was the variable overhead spending variance? Multiple Choice $1,700 favourable $1500 unfavourable $950 favourable $750 unfavouratale
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