Question
Bramble Companys overhead rate was based on estimates of $180,000 for overhead costs and 18,000 direct labour hours. Brambles standards allow 2 hours of direct
Bramble Companys overhead rate was based on estimates of $180,000 for overhead costs and 18,000 direct labour hours. Brambles standards allow 2 hours of direct labour per unit produced. Production in May was 790 units, and actual overhead incurred in May was $19,000. The overhead budgeted for 1,580 standard direct labour hours is $15,560 ($4,500 fixed and $11,060 variable). (a) Calculate the total, budget, and volume variances for overhead.
Total overhead variance | $enter a dollar amount | select an option Neither favourable nor unfavourableUnfavourableFavourable | ||
---|---|---|---|---|
Overhead budget variance | $enter a dollar amount | select an option FavourableNeither favourable nor unfavourableUnfavourable | ||
Overhead volume variance | $enter a dollar amount | select an option FavourableNeither favourable nor unfavourableUnfavourable |
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