Question: Last year Gladner Company had planned to produce 140 000 units

Last year, Gladner Company had planned to produce 140,000 units. However, 143,000 units were actually produced. The company uses direct labor hours to assign overhead to products. Each unit requires 0.9 standard hour of labor for completion. The fixed overhead rate was $ 11 per direct labor hour and the variable overhead rate was $ 6.36 per direct labor hour. The following variances were computed:
1. Calculate the total applied fixed overhead.
2. Calculate the budgeted fixed overhead.
3. Calculate the actual fixed overhead.
4. Calculate the total applied variable overhead.
5. Calculate the number of actual direct labor hours.
6. Calculate the actual variable overhead.

Sale on SolutionInn
  • CreatedSeptember 22, 2015
  • Files Included
Post your question