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The following information was taken from the annual manufacturing overhead cost budget of Blossom Company: During the year, 3,700 units were produced, 15,000 hours were
The following information was taken from the annual manufacturing overhead cost budget of Blossom Company: During the year, 3,700 units were produced, 15,000 hours were worked, and the actual manufacturing overhead was $50,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, e.g. 15.25.) Calculate the total, budget, and volume overhead variances
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