Answered step by step
Verified Expert Solution
Question
1 Approved Answer
$14,000 unfavorable. $118,720 favorable. $120,960 favorable. $141,520 favorable. $141,520 unfavorable. During 2021, Bluecap worked 37,000 DLHs and manufactured 9,600 units. The actual factory overhead cost
$14,000 unfavorable. $118,720 favorable. $120,960 favorable. $141,520 favorable. $141,520 unfavorable. During 2021, Bluecap worked 37,000 DLHs and manufactured 9,600 units. The actual factory overhead cost for the year was $14,000 greater than the flexible budget amount for the units produced, of which $8,000 was due to fixed factory overhead. In preparing a budget for 2022 Bluecap decided to raise the level of operation to 90% of capacity (a level it considers to be "practical capacity"), to manufacture 9,000 units at a budgeted total of 27,000 DLHs. The total overhead variance in 2021 for Bluecap Company was: (Round your intermediate calculation to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started