Question
Krupka Corporation manufactured 30,000 mechanical pencils during the month of August. The following information regarding August activity was collected for Krupka who allocates overhead based
Krupka Corporation manufactured 30,000 mechanical pencils during the month of August. The following information regarding August activity was collected for Krupka who allocates overhead based on machine hours:Production Actual:30,000 Budgeted:24,000 Machine Hours Actual:15,000 Budgeted:10,800 Total Fixed OH Cost Actual:$135,000 Budgeted:$178,500 Total OH Cost Actual:$300,000 Budgeted:$300,000 What is Krupka's variable overhead spending variance? What is Krupka's variable overhead production volume variance? How much variable overhead did Krupka allocate during the period?
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