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Accounting question? |
In October, Russo Company reports 21,000 actual direct labor hours, and it incurs $96,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,000 hours.The predetermined overhead rate is $5.00 per direct labor hour. Compute the total manufacturing overhead variance. Compute the total manufacturing overhead variance.? Total Manufacturing Overhead Variance = Overhead Abosrbed - Overhead Incurred = $105000 - $96000 = + $9,000 [Positive] Overhead Absorbed = Actual direct labor hours worked * Rate per hour = 21,000 hours * $5/hour = $105,000 Please read through this notes... http://futureaccountant.com/standard-cos... Source(s): http://futureaccountant.com/ Do the math. You have all the elements here to find your answer. |
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