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Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches Gladys Company provided the following information: Standard variable overhead rate (SVOR) per direct labor hour
Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches
Gladys Company provided the following information:
Standard variable overhead rate (SVOR) per direct labor hour | $3.90 |
Actual variable overhead rate (AVOR) per direct labor hour | $3.62 |
Actual direct labor hours worked (AH) | 55,600 |
Actual production in units | 10,000 |
Standard hours (SH) allowed for actual units produced | 53,000 |
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