The following information was compiled by Wildhorse Company: Expected volume of production 110,000 units Actual level of
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The following information was compiled by Wildhorse Company:
Expected volume of production | 110,000 | units | ||
Actual level of production | 105,000 | units | ||
Budgeted fixed overhead | $220,000 | |||
Actual fixed overhead | $228,150 | |||
Variable overhead rate per direct-labour hour | $8 | |||
Actual variable overhead | $406,000 | |||
Standard direct-labour hours allowed per unit produced | 0.5 | hour | ||
Standard direct-labour rate per hour | $8.05 | |||
Actual direct-labour hours of input | 52,400 | hours | ||
Actual direct-labour rate per hour | $8.10 |
Compute the following variances:
Direct-labour flexible-budget variance $______ (Favourable/Unfavourable/neither)
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
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