Question: please answer it by showing all the steps, and formulas. a Ostrich Enterprise is a small production firm that operates in Sweden. The company produces

please answer it by showing all the steps, and formulas.
a Ostrich Enterprise is a small production firm that operates in Sweden. The company produces meatballs for canteens. During June 2020, the standard variable overhead has been budgeted as follows: 40,000 krona Budgeted variable overhead for the period Budgeted volume of production for the period 80,000 units Re- quired Actual variable overheads incurred during the period, which are under review, amounted to 56,000 krona, whereas the actual production were 96,000 units. Calculate the variable overhead variance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
