Office Plus determines overhead rates based on machine hours. Budgeted overhead is $240,000, and budgeted machine hours are 20,000. If actual overhead is $250,000 and actual machine hours are 19,000, The overhead variance is favorable or unfavorable?

Office Plus determines overhead rates based on machine hours. Budgeted overhead is $240,000, and budgeted machine hours are 20,000. If actual overhead is $250,000 and actual machine hours are 19,000, The overhead variance is favorable or unfavorable?

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A company sets the following standards for its variable overhead: • Standard hours per unit: 5.0 hours Standard variable overhead rate: $12 per hour Last month's data: • Actual hours worked: 11,500 hours . Actual variable overhead cost: $134,800 • Actual production: 2,200 units A. What is the variable overhead rate variance? B. What is the variable overhead efficiency variance?

You Did It! (YDI) has the following standards for direct labor: o Estimated quantity 8,900 direct labor hours o Estimated unit variable $48 per hour o Estimated fixed costs $18,000 YDI actually used 8,300 direct labor hours during production at an average hourly wage rate of $49.20, and actually incurred total fixed costs of $17,600. Using this information, answer the following questions. Please circle to identify the variance as favorable or unfavorable.   What is the direct labor volume variance? Favorable or unfavorable?

Given on the following information, calculate the variable overhead rate variance. Actual variable overhead cost $15,500; Actual hours used 4,200, Standard hours allowed 4,000; and Standard variable overhead rate $3.75 per hour. O $500 F O $250 U O $250 F O $500 U Î

What is the direct labor A,B,C ?

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The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per machine hour Actual variable overhead Budgeted variable overhead rate per machine hour Actual fixed overhead Budgeted hours allowed for actual output achieved Based on this information, the total overhead variance is: Multiple Choice O O $69,000 favorable. $112,000 favorable. $43,000 unfavorable. $112,000 unfavorable. $43,000 favorable. $ 1.50 $ 99,000 $ 4.00 $ 20,000 42,000

Can you explain this general accounting question using accurate calculation methods?