Question
Wogle Manufacturing Company uses a standard cost system for the applies overhead based on machine hours.The following information is available for September: Standard: Machine hours
Wogle Manufacturing Company uses a standard cost system for the applies overhead based on machine hours.The following information is available for September: Standard: Machine hours (MH) per unit-2, Fixed overhead rate per MH-$5.00, Budgeted fixed overhead-$27,500. Actual: Machine hours-5,280, Fixed overhead-$29,150, Units produced-2,888. Calculate the fixed overhead budget variance and the volume variance for the month of September.
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Product Costing Concepts And Applications
Authors: Ralph S. Polimeni
3rd Edition
0072390840, 978-0072390841
