Manufacturing overhead data for the production of Product H by Yamato Company are as follows. Overhead incurred

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Manufacturing overhead data for the production of Product H by Yamato Company are as follows. 

Overhead incurred for 35,000 actual direct labor hours worked $140,000 

Overhead rate (variable $3; fixed $1) at normal capacity of 36,000 direct labor hours $4 

Standard hours allowed for work done 34,000 

Instructions 

Compute the total overhead variance.

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Managerial Accounting Tools For Business Decision Making

ISBN: 9781118957738

7th International Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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