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Determine the sigmo variable-overhead efficiency variance

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Reference no: EM133164360

Question - Sigmo Company, which uses a standard cost system, budgeted $805,000 of fixed overhead when 55,000 machine hours were anticipated. Other data for the period were:

Actual units produced: 14,600

Actual machine hours worked: 56,800

Actual variable overhead incurred: $480,000

Actual fixed overhead incurred: $795,100

Standard variable overhead rate per machine hour: $8.50

Standard production time per unit: 4 hours

Determine the Sigmo's variable-overhead efficiency variance?

Reference no: EM133164360

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