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What variable overhead spending and efficiency variances are

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Reference no: EM132529377

Assume variable overhead was budgeted at $79,800 and fixed overhead was budgeted at $546,000 when 21,000 machine hours were estiamted to be used. Given the following actual data:

Standard machine hours allowed for output attained: 22,000

Actual machine hours worked: 21,000

Variable overhead incurred: $83,600

Fixed overhead incurred: $572,000

Question 1: the variable overhead spending and efficiency variances are: (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.

Reference no: EM132529377

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