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Determine juice variable overhead efficiency variance

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Reference no: EM132880884

Juice Ltd manufactures a product called Morning Punch. The company uses a standard cost system and has established the following standards for one unit of Morning Punch:

Direct Materials (1,5 kgs @ R6 per kg) R 9,00
Direct Labour (0,6 hours @ R12 per hour) R 7,20
Variable manufacturing overhead (0,8 hours @ R2,00 per hour) R 1.60
R17,70

  1. The company produced 3 000 units during September
  2. During the month employees worked an average of 4 000 hours at an average rate of R2,50 per hour.
  3. Variable manufacturing overhead is assigned to Morning Punch on the basis of direct labour-hours.
  4. Variable manufacturing overhead costs during September totalled R8 200.

Question 1: Determine Juice's variable overhead efficiency variance.

Reference no: EM132880884

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