PLEASE ANSWER AND Complete as soon as you can <33333 Gradebook ORION Downloadabl

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PLEASE ANSWER AND Complete as soon as you can <33333

Gradebook ORION Downloadable eTextbook MESSAGE," INSTRUCTOR FULL SCREEN PRINTER VERSION ·BACK uestion 1 n October, Pine Company reports 22,000 actual direct labor hours, and it incurs $114,900 of manufacturing overhead costs. Standard hours allowed for the work The predetermined overhead rate is $5.39 per direct labor hour. Compute the total overhead variance. (Round answer to o decimal places, e.g. 125.) Total Overtvead Variance on the Point Potential Pelicy set by your instructor. By accessing this Question Assistance, you will learn whille you earn points based SAVE FOR LATER Question Attempts: 0 of 1 used Earn Maximum Points available only if you answer this question correctly in your first attempt. Version 424.3.3

Explanation / Answer

Total Overhead Variance = Actual manufacturing Overhead Cost - (Standard Hours x Predetermined Overhead Rate)

.........................................= $114,900 - (21,500 hours x $5.39)

.........................................= $114,900 - $115,885

.........................................= $985 Favorable

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