ABC Manufacturing uses standard costing with manufacturing overhead applied based on direct labour hours (DLH). Overhead cost information is presented below: Input Cost per Unit Variable $7.20 per DLH 36 Fixed $9.60 per DLH 48 Total $84 Normal capacity for total manufacturing overhead per month is 20,000 DLH, with budgeted FOH at $192,000. During the most recent month 3,900 units were produced; 20,050 DLH were used and actual FOH was $195,500. What was the FOH spending variance?

ABC Manufacturing uses standard costing with manufacturing overhead applied based on direct labour hours (DLH). Overhead cost information is presented below: Input Cost per Unit Variable $7.20 per DLH 36 Fixed $9.60 per DLH 48 Total $84 Normal capacity for total manufacturing overhead per month is 20,000 DLH, with budgeted FOH at $192,000. During the most recent month 3,900 units were produced; 20,050 DLH were used and actual FOH was $195,500. What was the FOH spending variance?

Name: ABC Manufacturing uses standard costing with manufacturing overhead a
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Description: ABC Manufacturing uses standard costing with manufacturing overhead applied based on direct labour hours(DLH). Overhead cost information is presented below:InputCost per UnitVariable$7.20 per DLH36Fixed$9.60 per DLH48Total$ 84Normal capacity for tot

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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