Help Save & Exit Subm Creger Corporation, which makes landing gears, has provide

Question

Help Save & Exit Subm Creger Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production Standard machine-hours per gear Budgeted supplies cost Actual production Actual machine-hours Actual supplies cast (total) 1,380 gears 6.8 machine-hours s 6.68 per machine-hour 1,280 gears 7,960 machine-hours $49,752 Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable input all emounts as positive values.) Vanable overhead rate variance Vanable overhead efficiency variance ?Prev 10110 Next > LG

Explanation / Answer

Variable overhead rate variance 2784 Favorable =49752-(7960*6.6) Variable overhead efficiency variance 5016 Unfavorable =6.6*(7960-1200*6)

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