Fenton company manufactures one product and provides you with the the following information for the year 2019
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Question:
Fenton company manufactures one product and provides you with the the following information for the year 2019
Normal direct labor hour 155,000
Standard fixed overhead rate 4,000
Standard fixed overhead cost per unit 10,000
Units manufactured-actual 60,000
Actual direct labor hours 148,000
Actual overhead- variable 475,000
Fixed 623,500
Total budgeted overhead 1,085,000
- The variable overhead rate which is missing should be P3 per denominator volume . Prove this.
- The budgeted direct labor hours is 2.5 per unit of product. Prove this.
- Use 4 way method to solve for the OH VARANA
- Use three way method to solve for the OH VARANA
- How much is controllable variance?
- How much is non-controllable variance?
- How much is idle capacity variance?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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