MA37 - Variable Overhead Variances - Sample problem

[@trenttrent_fyahoocom]

Just wanted to let you know that I appreciate your KZbin video's and they are a big help in my accounting classes.

[@juliasaveliev361]

Thank you so much! Made a complicated topic for me simple in just 5 minutes

[@jameswilliams7337]

👍

[@n1fes152]

how does a machine make a widget then does it use like does it make like a storage thing or like a drive or idk

[@jameswilliams7337]

Tony will you please explain why the Standard VOH cost is not $1,800 ? I do not understand why it is not $6 x 300 standard machine hours allowed, which would make the VOH spending variance $1400 actual - $1800 standard = ($400) Favorable.

[@user-lf1vk1ve6l]

because for the spending variance you use the actual quantity which was 320 hours in this case

[@n1fes152]

what are widgets first of all second of all i searched it up on google and it says that its an element of interaction such as a button or a scroll bar and it says that widgets or it can also be called controls are software components a computer user interacts with through direct manipulation to read or edit information about your application so basically a widget is a software component that read or edits information about an application

[@louisrogers2785]

It’s theoretical for the question. It doesn’t matter how or what they’re making it can be anything. A lot of the time it could be product X and Y