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Nadal company shows the following data regarding its factory overhead: Flexible Budget Formula: FOH= 20,000 + 1 X Where: X - number of labor hours

Nadal company shows the following data regarding its factory overhead:

Flexible Budget Formula: FOH= 20,000 + 1 X


Where: X - number of labor hours

Standard: 1 unit of product requires 4 labor hours

Normal capacity: 2,500 units

Budgeted Hours: A)_____hours


Fixed Overhead B )

Variable overhead C)

Total Budgeted Overhead D)

Fixed overhead rate E)

Variable Overhead F)

Standard overhead rate G)



REQUIRED

1. Compute for the missing amounts.

2. What is the budgeted FOH if adjusted based on 7,500 actual hour

3. What is the budgeted FOH if adjusted based on 8,000 standard

Additional:


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