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Calculate the variable overhead efficiency variance

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Q1. Using the following information, compute the variable overhead spending variance.

Actual direct labor hours used 4,700

Units produced 1,500

Standard labor hours per unit produced 3

Budgeted variable overhead per standard direct labor hour $2

Actual variable overhead incurred $9,500

A. $100 favorable.

B. $400 unfavorable.

C. $100 unfavorable.

D. $400 favorable.

Q2. Using the following information, calculate the variable overhead efficiency variance.

Actual direct labor hours used 4,700

Units produced 1,500

Standard labor hours per unit produced 3

Budgeted variable overhead per standard direct labor hour $2

Actual variable overhead incurred $9,500

A. $100 unfavorable.

B. $100 favorable.

C. $400 unfavorable.

D. $400 favorable.

Reference no: EM132989437

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