Question

Refer to the information for Dolles Clay in PB9-5.


Dolles Clay has the following actual results for the past year:
Number of units produced and sold ..... 675,000
Number of pounds of clay used ..... 1,305,000
Cost of clay purchased and used ..... $ 991,800
Number of labor hours worked ..... 337,500
Direct labor cost ............. $3,712,500
Variable overhead cost .......... $ 157,500
Fixed overhead cost ............ $ 505,000

Required:
Compute the following for Dolles Clay:
1. Fixed overhead spending variance
2. Fixed overhead volume variance.
3. Over- or under-applied fixed manufacturingoverhead.


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  • CreatedFebruary 27, 2015
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