Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Standard Actual Variable OH rate $3.35 Fixed OH rate $1.80 Hours 18,900 17,955* Fixed overhead $46,000 Actual variable overhead $67,430 Total factory overhead $101,450 *Actual

Standard Actual
Variable OH rate $3.35
Fixed OH rate $1.80
Hours 18,900 17,955*
Fixed overhead $46,000
Actual variable overhead $67,430
Total factory overhead $101,450

*Actual hours are equal to standard hours for units produced. The fixed factory overhead volume variance is

a. $4,866.75 unfavorable

b. $1,701.00 favorable

c. $4,866.75 favorable

d. $1,701.00 unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Advanced Level Audit And Assurance Exam Room Notes 2017

Authors: ACA Simplified

1st Edition

1545501653, 978-1545501658

More Books

Students also viewed these Accounting questions

Question

c. What were you expected to do when you grew up?

Answered: 1 week ago

Question

d. How were you expected to contribute to family life?

Answered: 1 week ago

Question

e. What do you know about your ethnic background?

Answered: 1 week ago