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Calculating the Total Overhead Variance Standish Company manufactures consumer products and provided the following information...

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Accounting

Calculating the Total Overhead Variance

Standish Company manufactures consumer products and provided the following information for the month of February:

Units produced 131,200
Standard direct labor hours per unit 0.2
Standard variable overhead rate (per direct labor hour) $3.40
Actual variable overhead costs $88,650
Actual hours worked 26,600

Required:

1. Calculate the total variable overhead variance. $

2. What if actual production had been 129,200 units? How would that affect the total variable overhead variance? Indicate what the new variance would be below. $

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