Problem 9 Factory Overhead Variance Darwin Corp. has the following data for the year 2030:

Normal capacity- 100,000

Fixed factory overhead- 80,000

Estimated variable factory overhead per unit- 2

Actual Units Produced- 98,000

Total actual factory overhead- 265,000

Required:

1. How much is the applied factory overhead?

2. How much is the over or under-applied factory overhead?

3. How much is the spending variance?

4. How much is the idle capacity variance?

Answer rating: 100% (QA)

1 Applied factory overhead Estimated variable overhead per unit 2 Actual units prod... View the full answer