Question
Actual machine hours 885 Standard machine hours allowed 950 Denominator activity (machine hours) 1,035 Actual fixed overhead costs $ 4,700 Budgeted fixed overhead costs $
Actual machine hours 885 Standard machine hours allowed 950 Denominator activity (machine hours) 1,035 Actual fixed overhead costs $ 4,700 Budgeted fixed overhead costs $ 5,175 Predetermined overhead rate ($2 variable + $5 fixed) $ 7
What is the production volume variance?
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
5th Edition
0131796712, 978-0131796713
