Overhead variance Fixed And variable.
Manufacturing overhead data for the production of Product H by Norland Company are as follows.
|
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
|
Instructions
Compute the total, controllable, and volume overhead variances.