Stelluti Corporation's variable overhead is applied on the basis of direct labor-hours.The standard cost card for product H67F specifies 7.8 direct labor-hours per unit of H67F.The standard variable overhead rate is $6.50 per direct labor-hour.During the most recent month,400 units of product H67F were made and 2,900 direct labor-hours were worked.
The actual variable overhead incurred was $20,155.
Required:
a.What was the variable overhead rate variance for the month?
b.What was the variable overhead efficiency variance for the month?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q168: Leerar Corporation makes a product with the
Q169: The following data have been provided by
Q170: Vitko Corporation makes automotive engines.For the most
Q171: Blomdahl Corporation makes a product with the
Q172: Buis Corporation,which makes landing gears,has provided the
Q173: The following direct labor standards have been
Q174: Silmon Corporation makes a product with the
Q176: The standards for product C54L specify 4.5
Q177: The following data for November have been
Q178: The following standards have been established for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents