Question: I am stuck on problem F , which is to calculate the budgeted fixed overhead. I keep getting 9 3 5 , 0 0 0
I am stuck on problem F which is to calculate the budgeted fixed overhead. I keep getting but the correct answer is apparently and I cannot seem to figure out where im going wrong. Yale Company produces widgets. Standard time and costs per widget are as follows:
Machine hours required per widget.
Variable overhead rate per machine hour. $
Fixed overhead rate per machine hour $
During the following information is available:
Actual widgets produced
Actual variable overhead
Actual fixed overhead $
Production volume variance $
Variable overhead rate variance $ mathrm~F$ U
Calculate the following for fixed overhead:
a Standard machine hours allowed
b Budgeted fixed overhead
c Budgeted machine hours
d Fixed overhead budget variance
e Fixed overhead total variance
Calculate the following for variable overhead:
f Budgeted variable overhead
g Actual machine hours incurred
h Variable overhead efficiency variance
i Variable overhead total variance
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