Homework Answers
Total overhead variance = Actual Overhead - Overhead applied
Actual overhead = $113,850
Overhead applied = Standard hours * Predetermined overhead rate
= 25,300 * $4.25
= $107,525
Total overhead variance = $113,850 - $107,525
= $6,325 (U).
Actual overhead is more the overhead applied, the total overhead variance Is unfavorable.
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