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Brookman Company manufactures shirts. During June, Brookman made 1,500 shirts but had budgeted production at 1,625 shirts. Brookman gathered the following additional data: E(Click on
Brookman Company manufactures shirts. During June, Brookman made 1,500 shirts but had budgeted production at 1,625 shirts. Brookman gathered the following additional data: E(Click on the icon to view the data.) Read the requirements. i Data Table 15. Calculate the total variable overhead variance S0.60 per DLHr Variable overhead cost standard unfavorable The total variable overhead variance is 4.50 DLHr per shirt Direct labor efficiency standard 16. Calculate the fixed overhead cost variance Actual amount of direct labor hours 6.890 DLHr Select the formula, then enter the amounts and compute the cost variance for fixed overhead (FOH) and identify whether the variance is favorable Actual cost of variable overhead S5,512 So.55 per DLH Fixed overhead cost standard Actual fixed overhead Budgeted fixed overhead Fixed Overhead Cost Variance 4097 307.5 Budgeted fixed overhead $4.022 3789.5- Actual cost of fixed overhead $4,097 17. Calculate the fixed overhead volume variance First, select the formula, then enter the amounts and compute the fixed overhead allocated to production, (Abbreviations used: SQ= standard quan Print Done x SQ of the allocation base allowed for AO Standard overhead allocation rate Overhead allocated to production favorable (F) or unfavorable (U). Now, select the formula, then enter the amounts and compute the fixed overhead volume variance and identify whether the variance Budgeted fixed overhead Allocated fixed overhead Fixed Overhead Volume Variance u 18. Calculate the total fixed overhead variance The total fixed averhead variance is unfayorable
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