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1:53 AM Wed Nov 11 71% 5 + : IV. 12 points Fixed overhead analysis. The Atlantic Company uses a standard cost system for factory
1:53 AM Wed Nov 11 71% 5 + : IV. 12 points Fixed overhead analysis. The Atlantic Company uses a standard cost system for factory overhead analysis The normal capacity is based on a bugeted monthly production of 3,000 units. The standard allowed time for each unit of product is 10 direct labor hours. The monthly standard costs follow:. Fixed overhead per month Variable overhead per month $30,000 $39,600 Total budgeted overhead $69,600 Expected direct labor cost $52,800 During the month of September, the costs for the 2,800 units produced were: Direct labor Fixed overhead Variable overhead $49,947.20 $29,300.00 $39,065.00 REQUIRED: : Determine the following for Fixed Overhead: :(Unless all supporting computations for every answer are presented in good traceable order, there will be NO credit (A)S 1 The Fixed Overhead Rate per direct labor hour. (BS_2-.Budgeted fixed overhead 280SX 10 XV os 2002 Applied fixed overhead (D)S 293 Actual fixed overhead (E)S E Fixed Overhead Budget Variance indicate favorable or unfavorable) (F)S soort Fixed Overhead Volume Variance(indicate favorable or unfavoragle) 24.0-30333 = 70 Act 21300 3ooo Boooxio -1 200 Budget F 1 1 2000u Volume 8
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