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Speedy Access Services Inc. leases access to high-speed computers to small businesses. It provides the following information for the year: Budgeted Actual Overhead cost $2,200,000
Speedy Access Services Inc. leases access to high-speed computers to small businesses. It provides the following information for the year:
Budgeted | Actual | |
Overhead cost | $2,200,000 | $2,100,000 |
Computer hours | 100,000 | 90,000 |
Direct labor hours | 200,000 | 180,000 |
Overhead is applied on the basis of computer hours.
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