Question
Holl Corporation has provided the following data for November. Denominator level of activity 5,400 machine-hours Budgeted fixed manufacturing overhead costs $ 66,960 Standard machine-hours allowed
Holl Corporation has provided the following data for November.
| Denominator level of activity | 5,400 | machine-hours | |
| Budgeted fixed manufacturing overhead costs | $ | 66,960 | |
| Standard machine-hours allowed for the actual output | 5,700 | machine-hours | |
| Actual fixed manufacturing overhead costs | $ | 65,880 | |
Required--Show your computations in order to receive credit. Indicate if variance is favorable or unfavorable. Label your answers.
a. Compute the budget variance for November.
b. Compute the volume variance for November.
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Accounting Regulation In Japan Evolution And Development From 2001 To 2015
Authors: Masatsugu Sanada, Yoshihiro Tokuga
1st Edition
0367221071, 9780367221072
