Calculating the Total Overhead Variance Standish Company manufactures consumer products and provided the following information...
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Accounting
Calculating the Total Overhead Variance
Standish Company manufactures consumer products and provided the following information for the month of February:
Units produced
131,200
Standard direct labor hours per unit
0.2
Standard variable overhead rate (per direct labor hour)
$3.40
Actual variable overhead costs
$88,650
Actual hours worked
26,600
Required:
1. Calculate the total variable overhead variance. $
2. What if actual production had been 129,200 units? How would that affect the total variable overhead variance? Indicate what the new variance would be below. $
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