--/1 Question 22 View Policies Current Attempt in Progress The predetermined overhead rate for Coronado Industries is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $12680 variable and $8040 fixed, and standard hours allowed for the product produced in June was 4000 port hours. The total overhead variance is O $720 F. O $4040 F. O $4040 U. O $720 U. hp ins f12 f11 f10 prt sc f9 144 f8 f7 f6 f5 4+ 8 %3D C 60 To 96
--/1 Question 22 View Policies Current Attempt in Progress The predetermined overhead rate for Coronado Industries is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $12680 variable and $8040 fixed, and standard hours allowed for the product produced in June was 4000 port hours. The total overhead variance is O $720 F. O $4040 F. O $4040 U. O $720 U. hp ins f12 f11 f10 prt sc f9 144 f8 f7 f6 f5 4+ 8 %3D C 60 To 96
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:--/1
Question 22
View Policies
Current Attempt in Progress
The predetermined overhead rate for Coronado Industries
is $5, comprised of a variable overhead rate of $3 and a
fixed rate of $2. The amount of budgeted overhead costs at
normal capacity of $150000 was divided by normal
capacity of 30000 direct labor hours, to arrive at the
predetermined overhead rate of $5. Actual overhead for
June was $12680 variable and $8040 fixed, and standard
hours allowed for the product produced in June was 4000
port
hours. The total overhead variance is
O $720 F.
O $4040 F.
O $4040 U.
O $720 U.
hp
ins
f12
f11
f10
prt sc
f9
144
f8
f7
f6
f5
4+
8
%3D
C
60
To
96
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