Q:
George Company has a standard costing system. The subsequent data are available for July:
Actual manufacturing overhead cost incurred: $22,000
Actual machine hours worked: 1,600
Overhead volume variance: $3,600
Unfavorable Total overhead variance: $1,000
Unfavorable Overhead is given to production on the basis of machine hours
Instructions:
Evaluate the amount of the controllable overhead variance and the overhead applied.