The following data relate to factory overhead cost for the production of 4,000 computers: If productive capacity

Question:

The following data relate to factory overhead cost for the production of 4,000 computers:

Variable factory overhead Fixed factory overhead 5,000 hrs. at $32 Actual: $130,000 30,875 160,000 Standard:

If productive capacity of 100% was 6,500 hours and the factory overhead cost budgeted at the level of 5,000 standard hours was $167,125, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $4.75 per hour.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial and Managerial Accounting Using Excel for Success

ISBN: 978-1111993979

1st edition

Authors: James Reeve, Carl S. Warren, Jonathan Duchac

Question Posted: