Business, 30.07.2021 03:30 skittlesarebae6035
Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches Rath Company provided the following information:
Standard variable overhead rate (SVOR) per direct labor hour $3.75
Actual variable overhead costs $222,816
Actual direct labor hours worked (AH) 57,200
Actual production in units 15,000
Standard hours (SH) allowed for actual units produced 60,000
Required:
Using the columnar approach, calculate the variable overhead spending and efficiency variances.
Answers: 2
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