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The standard overhead rate is 10 per direct labor hour 8

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The standard overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5000 units during May were as follows:
Standard: 25,000 hours @ $10 $250,000
Actual: Variable factory overhead 202,500
Fixed factory overhead 60,000

A) What is the amount of the factory overhead volume variance?
B) What is the amount of the factory overhead controllable variance?

Reference no: EM13608935

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