Use the information below to answer the following question(s).
Willis Corporation manufactures industrial-sized gas furnaces and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data:

-What is the variable overhead spending variance?

Question

Use the information below to answer the following question(s).
Willis Corporation manufactures industrial-sized gas furnaces and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data:
 
-What is the variable overhead spending variance?

Quizplus · Accepted Answer

D) [($322,500/10,000 hrs.) - ($484,000/14,400 hrs.)] × 14,400 hrs. = $19,600 U

Use the Information Below to Answer the Following Question(s)