Exercise 23-19

EX 23-19 Factory overhead cost variance report Medical Molded Products Inc. prepared the following factory overhead cost budget for the Trim Department for March 2012, during which it expected to use 10,000 hours for Variable overhead cost Indirect factory labor Power and light Indirect materials $29,000 7,500 13,000 Total variable cost 49,500 Fixed overhead cost Supervisory salaries Depreciation of plant and equipment Insurance and property taxes 34,100 24,800 22,100 Total fixed cost Total factory overhead cost 81,000