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The Revolutions Corporation is a manufacturer of centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly-hours. Budgeted assembly time is
The Revolutions Corporation is a manufacturer of centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly-hours. Budgeted assembly time is 2 hours per unit. The following table shows the budgeted amounts and actual results related to overhead for June 2020 (Click the icon to view the table) Read the requirements Record the actual fixed overhead costs incurred. Date Record the fixed overhead costs allocated m Date Ex EX Journal Entry Accounts: Debit Credit Journal Entry Accounts Debit Credit Data table Actual Static The Revolutions Corporation (June 2020) Results Budget Number of centrifuges assembled and sold 120 125 Hours of assembly time 225 Variable manufacturing overhead cost per hour of assembly time Variable manufacturing overhead costs Fixed manufacturing overhead costs Print Done CA 7,650 13,500 $ 32 12,500 - X
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