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What is the variable overhead rate variance for the month

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Reference no: EM131691244

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

Standard hours per unit of output4.4 hours Standard variable overhead rate$16.00 per hour

The following data pertain to operations for the last month:

Actual hours8,100 hours Actual total variable overhead cost$124,990 Actual output1,820 units

Required:a.What is the variable overhead rate variance for the month?

b.What is the variable overhead efficiency variance for the month?

Reference no: EM131691244

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