What is the variable overhead spending variance

Reference no: EM13134893

The following standards for variable manufacturing overhead have been established for a company that makes only one product. Hours worked were 2,600. Variable overhead cost was $31,330 and 400 units were produced. What is the variable overhead spending variance for the month?

Standard hours per unit 5.6 hours

variable overhead rate $12.00 per hour

Reference no: EM13134893

Questions Cloud

How many moles of oxygen were in the sample : An unknown compound contains only carbon, hydrogen, and oxygen(CxHyOz). Combustion of 5.50g of this compound produced 8.07g of carbon dioxide and 3.30g of water.

Find probability student will be accepted into college : If a simple random sample of 80 seniors is taken, what is the probability that at most 64 of them will be accepted into college.

What is the heat capacity of the bomb calorimeter : A 1.630 g sample of naphthalene, C10H8(s), is completely burned in a bomb calorimeter assembly and a temperature increase of 8.44°C is noted.

What is the materials price : High Sounds manufactures wind chimes that have a standard material cost of 2 pounds of raw materials at $1.50 per pound. During March, 10,000 pounds of raw materials costing $1.55 per pound were used in making 4,800 wind chimes. What is the (1) ma..

What is the variable overhead spending variance : The following standards for variable manufacturing overhead have been established for a company that makes only one product. Hours worked were 2,600. Variable overhead cost was $31,330 and 400 units were produced. What is the variable overhead spe..

What is the budgeted net income for february : The Butterfly Corporation had the following information that pertained to its March budget.

List and describe four actions a firm can take to accelerate : List and describe one advantage and one disadvantage of raising external funds with debt, preferred stock, and common stock.

Find population shape concern when estimating the mean : Is it possible to normalize the data when the population shape has a known skew? How would you demonstrate the central limit theorem to your classmates?

Radians-circles and angular velocity : Find the area of a sector having a central angle of 60° in a circle of radius 8 inches. Find the perimeter and area of a circular sector whose angle is 3.5 radians if the circumference of the circle is 58 ft.

User Account

All Pages