Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: Standard Costs Fixed overhead
The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows:
Standard Costs
Fixed overhead (based on 10,000 hours)……………………..3 hours per unit @ $0.78 per hour
Variable overhead…………………………....…………………..3 hours per unit @ $1.91 per hour
Actual Costs
Total variable cost, $17,800
Total fixed cost, $8,100
The variable factory overhead controllable variance is
a. $1,756 favorable
b. $1,756 unfavorable
c. $1,405 favorable
d. $0
Step by Step Solution
★★★★★
3.34 Rating (160 Votes )
There are 3 Steps involved in it
Step: 1
b 1756 unfavorable Variable factory overhead controllable variance Variable factory overhea...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Document Format ( 2 attachments)
609225c02b0cd_22810.pdf
180 KBs PDF File
609225c02b0cd_22810.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started