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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 | 8,300 | MHs |
---|---|---|
Actual level of activity | 8,500 | MHs |
Standard variable manufacturing overhead rate | $7.00 | per MH |
Actual total variable manufacturing overhead | $57,120 |
What was the variable overhead spending variance for the month?
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