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Current Attempt in Progress Bonita Company uses a standard cost system. Indirect costs were budgeted at $196,000 plus $15 per direct labour hour. The overhead
Current Attempt in Progress Bonita Company uses a standard cost system. Indirect costs were budgeted at $196,000 plus $15 per direct labour hour. The overhead rate is based on 9,800 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead (a) Your answer is partially correct. (b) Calculate the fixed overhead production volume variance. eTextbook and Media 8,780 9,800 $189,200 $183,600 Fixed overhead production volume variance $ Variable overhead spending variance $ eTextbook and Media Calculate the variable overhead spending variance. 13600 Unfavourable Attempts: 2 of 2 used
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