What is the variable overhead rate variance for the month

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Question - The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard Hrs per unit of output - 5.6Hrs

Standard Variable OH Rate - $12 per hour

The following data pertain to operations for the last month:

Actual hours = 2,600 hrs.

Actual Total variable manufacturing OH cost = $31,330

Actual output = 400 units

Required - What is the variable overhead rate variance for the month?

Reference no: EM132962805

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