Bonita Company has gathered the following information: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal...
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Bonita Company has gathered the following information: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Standard labour hours $12,240 $9,270 9,000 9,500 During the year, 3,230 units were produced, 10,600 hours were worked, and the actual manufacturing overhead was $20,200. Actual fixed overhead totalled $9,290. Bonita applies overhead based on direct labour hours. Calculate the fixed manufacturing overhead volume variance. Fixed overhead volume variance Bonita Company has gathered the following information: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Standard labour hours $12,240 $9,270 9,000 9,500 During the year, 3,230 units were produced, 10,600 hours were worked, and the actual manufacturing overhead was $20,200. Actual fixed overhead totalled $9,290. Bonita applies overhead based on direct labour hours. Calculate the fixed manufacturing overhead volume variance. Fixed overhead volume variance
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Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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