Using the information in P22-2B, compute the overhead controllable variance and the overhead volume variance. Data from
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Using the information in P22-2B, compute the overhead controllable variance and the overhead volume variance.
Data from P22-2B
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Cost and Production Data Actual Standard Raw materials Units purchased Units used 21,000 21,000 $3.40 22,000 $3.00 Unit cost Direct labor Hours worked Hourly rate Manufacturing overhead 3,600 $12.50 3,450 $11.80 Incurred $101,500 Applied $108,000
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Accounting Tools for business decision making
ISBN: 978-0470095461
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Authors: kimmel, weygandt, kieso
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