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Predetermined overhead rate for zane company

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The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of 150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $9,500 VARIABLE AND $6,050 FIXED, and standard hours allowed for the product produced in June was 3,000 hours. The total overhead variance is

Reference no: EM132104934

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