What is the variable overhead spending variance


The following standards for variable manufacturing overhead have been established for a company that makes only one product:


Standard hours per unit of output 5.6 hours
Standard variable overhead rate $12.00 per hour

The following data pertain to operations for the last month:
Actual hours 2,600 hours
Actual total variable overhead cost $31,330
Actual output 400 units

What is the variable overhead spending variance for the month?

 

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Accounting Basics: What is the variable overhead spending variance
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