Question
Topeka Manufacting Corporation uses a standard cost system with machine hours as the activity base for overherad. The following informantion relates to production for last
Topeka Manufacting Corporation uses a standard cost system with machine hours as the activity base for overherad. The following informantion relates to production for last year
variable fixed
total budgeted overhead ( at the denominator level of activity) $ 60000 ?
total applied overhead $ 55200 $115000
total actual overhead $ 54500 $ 130000
the standard machine hours allowed for the actual output during the year 4600. the actual machine hours incurred were 4500.
what was Topeka's VMOH Rate Variance
A 500 F
b 500 U
C1200F
D 1200 U
what was Topeka's FMOH Budget variance ?
A 5000 F
B 5000U
C 10000F
D10000U
please show me step by step answers for both question
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