Budgeted overhead for Haft, Inc. at normal capacity of 60,000 direct labor hours is $3 per hour
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Question:
Budgeted overhead for Haft, Inc. at normal capacity of 60,000 direct labor hours is $3 per hour variable and $2 per hour fixed. In May, $310,000 of overhead was incurred in working 63,000 hours when 64,000 standard hours were allowed. The overhead volume variance is
$5,000 favorable. |
$10,000 favorable. |
$11,000 favorable. |
$8,000 favorable. |
Related Book For
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
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