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Calculate the following three overhead variances

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Reference no: EM13938993

The following information is for the third quarter of this year:

Planned

Production 92,000 units 
Direct labor hours 506,800 DL hrs 
Fixed manufacturing overhead $205,000 
Variable manufacturing overhead $910,000 
Standard direct labor hour per unit 5.5 

Actual

Production 87,000 units 
Direct labor hours 380,000 DL hrs 
Fixed manufacturing overhead $182,400 
Variable manufacturing overhead $841,500 

Calculate the following three overhead variances. 
a. Overhead volume variance 
b. Overhead efficiency variance 
c. Overhead spending variance 
Additional Requirements 

Other Requirements: 

Calculate the following three overhead variances. 
a. Overhead volume variance 
b. Overhead efficiency variance 
c. Overhead spending variance

Reference no: EM13938993

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