Clear company manufactures clear plastic CD cases. It applies varible overhead based on the number...
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Accounting
Clear company manufactures clear plastic CD cases. It applies varible overhead based on the number of michine hours used. information regaurding clear's overhead for the month of december follows.
Standard quantity standard rate standard unit cost
Varible manufacturing overhead 0.4 machine hours per case 1.20 per machine hour $.48
during Decemebr, clears had the following actual cost:
Number of units produced and sold: 150,000
Actual Varible overhead cost 79,000
actual machine hours 61,000
Varible overhead rate Variance ?
Varible overhead efficency Variance ?
over- or underapplied varible overhead?
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