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Monty Unlimited provided the following information. Actual materials (purchased and used) 219,000 ml @ $0.32 per ml Actual direct labour 748 hours @ $13.00 per
Monty Unlimited provided the following information.
Actual materials (purchased and used) | 219,000 ml @ $0.32 per ml | |
Actual direct labour | 748 hours @ $13.00 per hour | |
Actual variable overhead | 990 machine hours @ $4.90 per machine hour | |
Actual fixed overhead | $20,087 |
Materials Price Variance | $10,950 U | |
Materials Quantity Variance | $2,241 U | |
Labour Rate Variance | $748 F | |
Labour Efficiency Variance | $182 U | |
Variable Overhead Spending Variance | $99 F | |
Variable Overhead Efficiency Variance | $50 U | |
Fixed Overhead Budget Variance | $1,370 U |
Normal capacity is 5,100 bottles of fragrance. Actual production this quarter was 4,900 bottles of fragrance.
Standard Quantity | Standard Cost | Total Standard Cost | ||||
Direct Materials | 43 ml | $0.27/ml | $11.61 | |||
Direct Labour | 0.15 hours | $14.00/hour | $2.10 | |||
Variable Overhead | 0.20 machine hours | $5.00/machine hour | $1.00 | |||
Fixed Overhead | 1 unit | $3.67/unit | $3.67 | |||
$18.38 |
Master Budget Amount for Fixed Overhead $18717 Unfavourable
What was the applied fixed overhead?
Applied Fixed Overhead $_______ |
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