Question
The information shown below was taken from the annual manufacturing overhead cost budget of Flint Company. Variable manufacturing overhead costs $54,000Fixed manufacturing overhead costs $30,000Normal
The information shown below was taken from the annual manufacturing overhead cost budget of Flint Company.
Variable manufacturing overhead costs
$54,000Fixed manufacturing overhead costs
$30,000Normal production level in labor hours
20,000Normal production level in units
5,000Standard labor hours per unit
4
During the year,4,900units were produced,19,900hours were worked, and the actual manufacturing overhead was $84,020. Actual fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours.
Compute the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, e.g. 1.25.)
Item
Rate
Variable overhead
$
Fixed overhead
Total overhead
$
eTextbook and Media
Compute the total, controllable, and volume overhead variances.
Total overhead variance
$
Overhead controllable variance
$
Overhead volume variance
$
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