Question: DQuestion 13 10 pts The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed

DQuestion 13 10 pts The predetermined overhead rate for Zane Company is

DQuestion 13 10 pts The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $8,900 variable and $4,500 fixed, and 1,500 units were produced. The direct labor standard is 2 hours per unit produced. The total overhead variance is O $1.600 Unfavorable $700 Favorable $700 Unfavorable O $1,600 Favorable $5.900 Unfavorable O $5,900 Favorable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!