Aretha Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor

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Aretha Company showed the following information for the year:
Standard variable overhead rate (SVOR) per direct labor hour .....$ 3.70
Standard hours (SH) allowed per unit 4 Actual production ......14,000
Actual variable overhead costs ................$ 206,816
Actual direct labor hours .....................56,200
Required:
1. Calculate the actual variable overhead rate (AVOR).
2. Calculate the applied variable overhead.
3. Calculate the total variable overhead variance.
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Related Book For  book-img-for-question

Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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