Question
Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has
Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:
| Budgeted level of activity | 7,800 | MHs |
|---|---|---|
| Actual level of activity | 8,000 | MHs |
| Standard variable manufacturing overhead rate | $6.50 | per MH |
| Actual total variable manufacturing overhead | $49,770 |
What was the variable overhead rate variance for the month?
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
