Question: HELP NOW DUE IN 30 MIN Multiple Choice Question 137 The predetermined overhead rate for Waterway Industries is $5, comprised of a variable overhead rate
HELP NOW DUE IN 30 MIN
Multiple Choice Question 137 The predetermined overhead rate for Waterway Industries 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 $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $13948 variable and $8800 fixed, and standard hours allowed for the product produced in June was 4400 hours. The total overhead variance is $4400 U. $4400 F. $748 F. $748 U. I am just confused on unfavorable and favorable could you in depth explain that
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