Dion Glass Works' production budget for the year ended November 30, 2014, in department C was based
Question:
Actual production in units ................................... 198,000
Actual direct labour hours ................................... 440,000
Actual variable overhead .................................... $352,000
Actual fixed overhead ....................................... $575,000
Required:
1. What were the standard hours allowed for actual production for the year ended November 30, 2014?
2. What was the VOH efficiency variance for the year?
3. What was the VOH spending variance for the year?
4. What was the FOH spending variance for the year?
5. What was the FOH applied to Dion's production for the year?
6. What was the FOH production volume variance for the year?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
Question Posted: