Question
gates company collected the following data regarding production of one of its products. compute the totall overhead variance the controllable overhead vairance and overhead volume
gates company collected the following data regarding production of one of its products. compute the totall overhead variance the controllable overhead vairance and overhead volume variance
Direct laboe standard (2 h@15/h) 30.00 per finshed unit
actual direct labor hours 60800h
budget units 31000 unit
Actual finshed units produced 30.000
standard variable OH rate (2 h@14/h) 2800per finished unit
standard fixed OHrate (310000/62000h) 5 per hours *2h=10 per finshed hours
Actual cost of variable overhead cost incurred 857600 unit
Actual cost of fixedoverhead cost incurred 312000
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