Question
Actual Static Budget Units of Production 7,400 7,000 machine hours per unit 2 Machine Hours 14,000 Fixed overhead rate per machine hour $45 Fixed overhead
| Actual |
|
|
| Static Budget | |
| Units of Production | 7,400 |
|
|
| 7,000 |
| machine hours per unit |
|
|
|
| 2 |
| Machine Hours |
|
|
|
| 14,000 |
|
|
|
|
|
|
|
| Fixed overhead rate per machine hour |
|
|
|
| $45 |
| Fixed overhead costs for March | $650,000 |
|
|
| $630,000 |
Fio Corporation manufactured 7,400 widgets during April. The fixed-overhead cost-allocation rate is $45.00 per machine-hour. The above fixed overhead data pertain to April. What is the flexible-budget amount of fixed overhead?
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Accounting
Authors: Carl S. Warren, James M. Reeve, Philip E. Fess
20th Edition
0324025424, 978-0324025422
