Question
Ichigo Company has the following information for the third quarter of 2020: Actual total overhead (fixed plus variable) Budget Formula Spending Variance (3-way analysis)
Ichigo Company has the following information for the third quarter of 2020: Actual total overhead (fixed plus variable) Budget Formula Spending Variance (3-way analysis) Php 16,800 UF Volume Variance (2-way analysis) Php 10,500 F Overall factory overhead variance Php 12,600 UF Determine the standard hours needed for the third quarter. 120,750 hours 133,350 hours 111,125 hours Php 374,850 Php 231,000 plus Php 1.20 per hour 100,625 hours !
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