90.2K
Verified Solution
Link Copied!
ABC Co. applies overhead to production on the basis of machine hours, reported the following data for the period just ended:
Actual units produced: 13,000
Actual variable overhead incurred: $68,700
Actual machine hours worked: 17,925
Standard variable overhead cost per machine hour: $4.30
If ABC Co. estimates 1.30 hours to manufacture a completed unit, the company's variable-overhead spending variance is:
Answer & Explanation
Solved by verified expert
