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Calculate the efficiency variance for power

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Reference no: EM132529785

Barnes Corporation, which makes bookshelves has provided data for July:

Budget Production 1100 Bookshelves

Actual Production 1000 Bookshelves

Standard machine hours per bookshelf 7.4 Machine hours

Actual Machine hours 7440 Machine hours

Budget variable overhead cost per machine hour

Indirect labor $11.00 Per machine hour

Power $2.8 Per machine hour

Actual Total variable overhead costs

Indirect Labor $81600

Power $18360

Question 1 : What would be the combined activity variance of indirect labor and power?

Question 2 : Calculate the rate variance for indirect labor?

Question 3 : Calculate the efficiency variance for power?

Reference no: EM132529785

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