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How do you calcuate the Fixed Overhead (FOH) spending variance and the Fixed Overhead (FOH) production volume variance given the following information: (budgeted assembly time
How do you calcuate the Fixed Overhead (FOH) spending variance and the Fixed Overhead (FOH) production volume variance given the following information:
(budgeted assembly time is 2 hrs per unit of output)
| Actual Results | Static Budget | |
| Number of fans assembled $ sold | 220 fans | 150 fans |
| Hours of assembley time | 396 hours | - |
| Variable Overhead (VOH) cost per hr of assembly time | - | $ 31.00 |
| VOH costs | $ 12,693 | - |
| FOH cost | $ 15,510 | $ 14,100 |
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Principles Of Knowledge Auditing Foundations For Knowledge Management Implementation
Authors: Patrick Lambe
1st Edition
0262545039, 978-0262545037
