Question: Using the following data, compute the variable manufacturing overhead spending variance. Number of nightstands produced . . . . . . . . . .
Using the following data, compute the variable manufacturing overhead spending variance.
Number of nightstands produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150
Actual hours used to produce nightstands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .720
Total actual variable overhead costs incurred. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,352
Standard variable overhead rate per direct labor hour . . . . . . . . . . . . . . . . . . . . . . . . $11.00
Standard labor hours per nightstand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
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