The following data relate to factory overhead cost for the production of 25,000 computers: Actual: Variable factory
Question:
The following data relate to factory overhead cost for the production of 25,000 computers:
Actual: Variable factory overhead .......$500,000
Fixed factory overhead ........... 74,000
Standard: 35,000 hours at .......... $16 560,000
If productive capacity of 100% was 40,000 hours and the factory overhead cost budgeted at the level of 35,000 standard hours was $569,250, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $1.85 per hour.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
Question Posted: