Question: The following information is available for Coronado's Hot Dogs: Actual production 11,010 packages Budgeted production 12,500 packages Standard direct labor hours 1.6 direct labor hours
The following information is available for Coronado's Hot Dogs: Actual production 11,010 packages Budgeted production 12,500 packages Standard direct labor hours 1.6 direct labor hours per package Actual direct labor hours 18,687 Standard variable overhead rate $5 per direct labor hour Actual variable overhead costs $86,375 Calculate the variable overhead spending and efficiency variances. (Round answers to O decimal places, e.g. 125.
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