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QI/ The monthly flexible budget for F.O.H is as follows: Activity level Direct labor hours 1000 2000 3000 Total variable F.O.H 10000 20000 30000 Total
QI/ The monthly flexible budget for F.O.H is as follows: Activity level Direct labor hours 1000 2000 3000 Total variable F.O.H 10000 20000 30000 Total fixed F.O.H 10000 10000 10000 The following information available for January 2020: a. Production output 950 unites. b. Direct labor hours 2050 hours. c. Variable F.O.H $ 21000 d. Fixed F.O.H $ 10500 e. Standard hours to produce a unite ( 2 ) hours. f. Normal capacity level 2000 hours. Required : prepare analysis for variance of F.O.H using the two and three variance method if you know that a standard cost sheet for one unite : Variable F.O.H 2 h 10 $ Fixed F.O.H 2 h 5$ QI/ The monthly flexible budget for F.O.H is as follows: Activity level Direct labor hours 1000 2000 3000 Total variable F.O.H 10000 20000 30000 Total fixed F.O.H 10000 10000 10000 The following information available for January 2020: a. Production output 950 unites. b. Direct labor hours 2050 hours. c. Variable F.O.H $ 21000 d. Fixed F.O.H $ 10500 e. Standard hours to produce a unite ( 2 ) hours. f. Normal capacity level 2000 hours. Required : prepare analysis for variance of F.O.H using the two and three variance method if you know that a standard cost sheet for one unite : Variable F.O.H 2 h 10 $ Fixed F.O.H 2 h 5$
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