The following information is available for Baxter Manufacturing for April: Actual machine hours 840 Standard machine hours
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Question:
The following information is available for Baxter Manufacturing for April:
Actual machine hours | 840 | ||
Standard machine hours allowed | 900 | ||
Denominator activity (machine hours) | 1000 | ||
Actual Variable Overhead | $1,000 | ||
Actual fixed overhead costs | $3,800 | ||
Budgeted fixed overhead costs | $4,000 | ||
Predetermined overhead rate ($1 variable + $4 fixed) | $5 |
What is the fixed overhead price (spending) variance for April?
What is the production volume variance?
What is the variable spending variance?
What is the variable efficiency variance?
How much is controllable variance?
How much is the idle capacity variance?
Expert Answer:
Absolutely lets break down the variances for Baxter Manufacturing in April 1 Fixed Overhead Price Spending Variance This variance analyzes the difference between the actual fixed overhead costs incurr... View the full answer
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Cost Management Measuring, Monitoring and Motivating Performance
ISBN: 978-1119185697
3rd Canadian edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook
Posted Date:
