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Factory Overhead Cost Variance fleport Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current yeac,
Factory Overhead Cost Variance fleport Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current yeac, during which it expected to use 10,000 hours for production! Tannin has avalable 14,000 hours of monthly productwe capacty in the Tim Department under normal bushess consatons. During July, the trim Departiment actualir used 9,000 hour for production. The actual fised costs were as budgeted. The actual variacle overthead for ruly was as follows: Construct a factory overhead cost variance report for the Trim Department for July. Enter a favorable variance as a negative number using a minus sigr unfavorable variance as a positive number. If an amount box does not require an entry, leave it blank. Round your interim computations to the nea required. Tannin Products Inc. Factory Overhead Cost Variance Report-Trim Department For the Month Ended July 31 Total fixed factory overhead cost Total factory overhead cost Total controllable variances Volume variance-unfavorables Idle hours at the standard rate for fixed factory overhead Cheok Wy Work
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