Please do not give solution in image format thanku In October, Bramble Inc reports 44,500 actual direct labor hours and incurs $234,000 of manufacturing overhead costs. Standardhours allowed for the month's production is 45,300 hours. Bramble's predetermined overhead rate is $5.01 per direct labor hour.The flexible manufacturing overhead budget shows that budgeted costs are $3.80 variable per direct labor hour and $84,700 fixed.varianceCompute the manufacturing overhead volume variance. Normal capacity was 70,000 direct labor hours. Identify whether theis favorable or unfavorableTotal manufacturing overhead volume variance

This question involves calculating the manufacturing overhead volume variance for Bramble Inc based…

Compute the manufacturing overhead volume variance. Normal capacity was 70,000 direct labor hours. Identify whether the variance is favorable or unfavorable. Total manufacturing overhead volume variance

Compute the manufacturing overhead volume variance. Normal capacity was 70,000 direct labor hours. Identify whether the variance is favorable or unfavorable. Total manufacturing overhead volume variance

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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Question

Please do not give solution in image format thanku

In October, Bramble Inc reports 44,500 actual direct labor hours and incurs $234,000 of manufacturing overhead costs. Standard
hours allowed for the month's production is 45,300 hours. Bramble's predetermined overhead rate is $5.01 per direct labor hour.
The flexible manufacturing overhead budget shows that budgeted costs are $3.80 variable per direct labor hour and $84,700 fixed.
variance
Compute the manufacturing overhead volume variance. Normal capacity was 70,000 direct labor hours. Identify whether the
is favorable or unfavorable
Total manufacturing overhead volume variance

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