Question: Current Attempt in Progress Kingbird Company's overhead rate was based on estimates of $187,200 for overhead costs and 18,720 direct labour hours. Kingbird's standards

Current Attempt in Progress Kingbird Company's overhead rate was based on estimates

Current Attempt in Progress Kingbird Company's overhead rate was based on estimates of $187,200 for overhead costs and 18,720 direct labour hours. Kingbird's standards allow 2 hours of direct labour per unit produced. Production in May was 850 units, and actual overhead incurred in May was $19,000. The overhead budgeted for 1,700 standard direct labour hours is $16,580 ($4,680 fixed and $11,900 variable). (a) Calculate the total, budget, and volume variances for overhead. Total overhead variance Overhead budget variance $ Overhead volume variance $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer

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