Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help, did it and got aome wrong. please redo the work and more clear (use picture method) and help me undertsand. thank you Markoft

need help, did it and got aome wrong. please redo the work and more clear (use picture method) and help me undertsand. thank you image text in transcribed
Markoft company appies fired overhead at the rate of $1.50 per dirset labor hou. For the penod. orerhesd spending varance was $15,000 torrorable 10. Fred ovethead debitedp work in procens is. 5609,000% 17. How many direct labor hour were budpeted for troouction? 403,000hoursSuby,500/5150=403,000hics 18. Actual fred coverthad for the penod is 5589,560$404,50015,000=$589,500 Use the following to answer questions 1920 NOW. ASSUME, that the yariable crethead spending variance is $10,000 f and the varable overthead efficency variance is $5.000 F 10. If the gpmpany used a 2 wax orehtead anainsis, the budpet variance would be 1257500= 20. In a 3 way overhead analysis the amourt of variance that would be deemed uncontrollable is: volume is uncontrollable So volume is given at 34,500 VOH 2way: volume: ($4,500) uF 510,000+5,000+15,000=25,500F+830,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions