Budgeted hours for month of March, 2012 180 Hrs. Standard rate of article produced per hour 50 Units Budgeted fixed overheads 2,700 Actual production March, 2012 9,200 Units Actual hours for production 175 Hrs. Actual fixed overheads { 2,800 Calculate overhead cost, budgeted variances.

Budgeted hours for month of March, 2012 180 Hrs. Standard rate of article produced per hour 50 Units Budgeted fixed overheads 2,700 Actual production March, 2012 9,200 Units Actual hours for production 175 Hrs. Actual fixed overheads { 2,800 Calculate overhead cost, budgeted variances.

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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Budgeted hours for month of March. 2012
180 Hrs.
Standard rate of article produced per hour
50 Units
Budgeted fixed overheads
{ 2,700
Actual production March, 2012
9,200 Units
Actual hours for production
175 Hrs.
Actual fixed overheads
7 2,800
Calculate overhead cost, budgeted variances.

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