Alvarado Company produced 2,500 units of product that required 8 standard direct labor hours per unit. The standard variable overhead cost per unit is $3.60 per direct labor hour. The actual variable factory overhead was $69,410. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Alvarado Company produced 2,500 units of product that required 8 standard direct labor hours per unit. The standard variable overhead cost per unit is $3.60 per direct labor hour. The actual variable factory overhead was $69,410. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 11EA: A manufacturer planned to use $78 of variable overhead per unit produced, but in the most recent...

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