|Posted: 02 Apr 2012 at 13:30 | IP Logged
Can someone please assist me with this problem?
Number of frames manuafactured: 19,000
Variable OH costs:$4,100
Fixed OH Cost: $22,000
Direct Labor Hours: 2100 hours
Number of frams manuafactured: 20,000
Variable OH Costs: $2 per direct labor hour
Fixed OH Cost: $20,000. $1 per unit
Direct Labor Hours: 0.1 hour per frame
Question 1: What is the variable overhead efficiency variances?
Question 2: What is the production volume variances?
I am not understanding the problem. Please help