Question

The following information is available for Harrison’s Hot Dogs:

Actual production......... 12,320 packages
Budgeted production ........ 12,500 packages
Standard direct labor hours..... 1.5 direct labor hours per package
Actual direct labor hours...... 19,500
Standard variable overhead rate.... $3 per direct labor hour
Actual variable overhead costs..... $50,000

Required
Calculate the variable overhead spending and efficiency variances.



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  • CreatedFebruary 21, 2014
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