Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity 8,400 MHs Actual level of activity 8,600 MHs Standard variable manufacturing overhead rate $ 7.10 per MH Actual total variable manufacturing overhead $ 58,650 What was the variable overhead rate variance for the month

$2,410 Favorable

Explanation:

The computation of variable overhead rate variance is shown below:-

Actual hours (Actual rate - Standard rate) = Actual Hour × Actual rate - Actual Hour × Standard rate

= $58,650 - (8,600 × $7.10)

= $58,650 - $61,060

= $2,410 Favorable

Therefore, for computing the variable overhead rate variance we simply applied the above formula.

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a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

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