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Selected information relating to Yost Company's operations for the most recent year is given below: The company applies overhead cost to products on the basis
Selected information relating to Yost Company's operations for the most recent year is given below: The company applies overhead cost to products on the basis of standard machine-hours. Required: What were the standard machine-hours allowed for the actual production? (Round "Standard machine-hours allowed per unit" to 1 decimal place.) What was the fixed portion of the predetermined overhead rate? (Round "Predetermined overhead rate" to 1 decimal place.) What was the volume variance? (Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round "Fixed portion of the predetermined overhead rate" to 1 decimal place.)
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