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The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
-What is the variable factory overhead controllable variance?
Dollar General
An American chain of variety stores headquartered in Tennessee, known for selling low-priced products.
Merchandise
Products available for sale, particularly in the context of retail.
Target Market
The specific group of consumers at which a product or service is aimed, characterized by similar needs, interests, or demographic profiles.
Large Manufacturers
Businesses that operate on a large scale in the production of goods, often utilizing extensive facilities and machinery.
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