Using the data in BE22-6 and BE22-10, compute the overhead volume variance. Normal capacity was 25,000 direct
Question:
Using the data in BE22-6 and BE22-10, compute the overhead volume variance. Normal capacity was 25,000 direct labor hours.
Data from BE22-10
In October, Derby Company reports 21,000 actual direct labor hours, and it incurs $115,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,000 hours. The predetermined overhead rate is $6 per direct labor hour. Compute the total overhead variance.
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Related Book For 
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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