OH variances KrisKross Inc.'s total predetermined overhead rate is $50 per hour based on a monthly...
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OH variances KrisKross Inc.'s total predetermined overhead rate is $50 per hour based on a monthly capacity of 59,400 machine hours. Overhead is 30 percent variable and 70 percent fixed. During September, KrisKross produced 5,100 units of product and recorded 60,000 machine hours. September's actual overhead cost was $2,927,000. Each unit of product requires 12 machine hours. a. What were standard hours for September? 61200 standard hours b. What is total monthly budgeted fixed overhead cost? $ 2079000 x c. What is the controllable overhead variance? Note: Do not use a negative sign with your answer. $ 2672000 x F d. What is the noncontrollable overhead variance? Note: Do not use a negative sign with your answer. $ 2963000 F OH variances KrisKross Inc.'s total predetermined overhead rate is $50 per hour based on a monthly capacity of 59,400 machine hours. Overhead is 30 percent variable and 70 percent fixed. During September, KrisKross produced 5,100 units of product and recorded 60,000 machine hours. September's actual overhead cost was $2,927,000. Each unit of product requires 12 machine hours. a. What were standard hours for September? 61200 standard hours b. What is total monthly budgeted fixed overhead cost? $ 2079000 x c. What is the controllable overhead variance? Note: Do not use a negative sign with your answer. $ 2672000 x F d. What is the noncontrollable overhead variance? Note: Do not use a negative sign with your answer. $ 2963000 F
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