Business
Business, 18.06.2020 22:57, jdbell627

Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 5,500 machine-hours. Budgeted and actual overhead costs for the month appear below: Original Budget Based on 5,500 Machine-HoursActual Costs Variable overhead costs: Supplies$12,800 $13,730 Indirect labor 54,300 55,690 Fixed overhead costs: Supervision 21,600 21,240 Utilities 7,800 7,860 Factory depreciation 8,800 9,110 Total overhead cost$105,300 $107,630 The company actually worked 5,590 machine-hours during the month. The standard hours allowed for the actual output were 5,580 machine-hours for the month. What was the overall variable overhead efficiency variance for the month

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