Calculation of Variable Overhead Efficiency Variance for the month
Information given in the problem
Standard Hours per unit of output = 8.1 machine hours
Standard variable overhead rate = $14.3 per machine hour
Actual total variable manufacturing overhead cost = $24905
Actual Hours = 1700 machine hours
Actual Output = 200 units
Solution
Standard hours required for 200 units of output = Standard hour per unit of output * Actual output
= 8.1 * 200
= 1620 machine hours
Variable Overhead Efficiency variance = Standard variable overhead rate * ( Standard Hours for actual output - Actual Hours)
= 14.3 * (1620 - 1700)
= 14.3 * ( - 80 )
= -1144 ie., 1144 U.
ses/54538/quizzes/370391/take Question 42 1 pts A manufacturing company that has only one product has established the...
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