Calculating the Variable Overhead Spending and Efficiency Variances Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,000
Standard direct labor hours per unit 0.20
Standard variable overhead rate (per direct labor hour) $3.40
Actual variable overhead costs $88,670
Actual hours worked 26,350
Required:
1. Calculate the total variable overhead variance.
2. What if actual production had been 129,500 units?

Suppose the money market is in the liquidity trap and the fed increases the supply of money. individuals would rather hold than because they expect that bond prices can go no

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