Creger Corporation, which makes landing gears, has provided the below data for a recent month: Budgeted production
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Question:
Creger Corporation, which makes landing gears, has provided the below data for a recent month:
Budgeted production | 1,200 | gears |
---|---|---|
Standard machine-hours per gear | 4.7 | machine-hours |
Budgeted supplies cost | $ 5.30 | per machine-hour |
Actual production | 1,900 | gears |
Actual machine-hours | 9,600 | machine-hours |
Actual supplies cost (total) | $ 49,622 |
Required:
Determine the rate and efficiency variances for the variable overhead item supplies.
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