Calculating total and controllable overhead variances


Q1) Manufacturing overhead data for production of Product H by Norland Company are given below.

Overhead incurred for 52,000 actual direct labor hours worked

$213,000

Overhead rate (variable $3; fixed $1) at normal capacity of 54,000 direct labor hours

$4

Standard hours allowed for work done

51,000

Question:

Calculate the total, controllable, and volume overhead variances.

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Accounting Basics: Calculating total and controllable overhead variances
Reference No:- TGS018473

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