Ramathan Company produced 6,000 units of prod- uct Y. which is 80% of capacity. Each unit required

Question:

Ramathan Company produced 6,000 units of prod- uct Y. which is 80% of capacity. Each unit required 0.25 standard machine hour for production. The standard variable factory overhead rate is $5.00 per machine hour. The actual variable factory overhead incurred during the period was $8,000. The vari- able factory overhead controllable variance is: A. $500 favorable B. $500 unfavorable C. $1,875 favorable D. $1,875 unfavorable pacity of 200 machine hours. Applegate produced 600 units. Each unit requires a standard 0.2 ma- chine hour to complete. The standard fixed factory overhead is $12.00 per hour. determined at normal capacity. The fixed factory overhead volume vari- ance is: A. $4,800 unfavorable B. $4.800 favorable C. $960 favorable D. $960 unfavorable.

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

Question Posted: