Problem 9 Factory Overhead Variance Darwin Corp. has the following data for the year 2030: Normal capacity-
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Question:
Problem 9 Factory Overhead Variance Darwin Corp. has the following data for the year 2030:
Normal capacity- 100,000
Fixed factory overhead- 80,000
Estimated variable factory overhead per unit- 2
Actual Units Produced- 98,000
Total actual factory overhead- 265,000
Required:
1. How much is the applied factory overhead?
2. How much is the over or under-applied factory overhead?
3. How much is the spending variance?
4. How much is the idle capacity variance?
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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