February 19, 2017

Homework Help: Accounting

Posted by Leslie on Tuesday, October 18, 2011 at 7:20pm.

Original budget for 2009 included $600,000 fixed overhead and $400,000 variable overhead. Labor hours were estimated at 200,000 labor hours. The predetermined overhead rate was $5 per hour.

Actual overhead turned out to be $1,100,000. Actual labor hours were 220,000 which exceeded the standard hours of 210,000 for that volume activity.

What is the volume variance for overhead?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions