Calculate the variable and fixed overhead variances

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Reference no: EM13903148

Overhead variances. Smolenski, Inc., uses standard costing. The company reported the following overhead information for the current period:

Actual Overhead Incurred	$13,600, of Which $3,500 Is Fixed
Budgeted Fixed Overhead	$3,300
Variable Overhead Rate per Machine Hour	$ 3
Standard Hours Allowed for Actual Production	3,500
Actual Machine Hours Used	3,200

Calculate the variable and fixed overhead variances.

Reference no: EM13903148

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