Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses...
Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows. Overhead incurred for 45,000 actual direct labor hours worked $273,000 Overhead rate (variable $5; fixed $1) at normal capacity of 40,000 direct labor hours $6 Standard hours allowed for work done 45,000 Compute the total overhead variance.
Total overhead variance $enter the total overhead variance in dollars select an option
Homework Answers
Total Overhead variance
= Standard overhead - Actual overhead
= (6*45,000) - 273,000
= 270,000 - 273,000
= 3,000 Unfavorable
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