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Make the hanson efficiency variance

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Reference no: EM132558927

Hanson Inc. has the following variable manufacturing overhead standard to manufacture one Zippy:

1.5 standard hours per Zippy at $3.00 per direct labor hour

Last week, 1,550 hours were worked to make 1,000 Zippies, and $5,115 was spent for variable manufacturing overhead.

Requirements:

Question 1. Hanson's spending variance (VOSV) for variable manufacturing overhead for the week.

Question 2. Hanson's efficiency variance (VOEV) for variable manufacturing overhead for the week.

Reference no: EM132558927

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