Exercise 8-24 (Algo) Controllable and volume variances LO P4 Shaw Incorporated began this period with a budget for 1,090 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $101,900, and actual units produced were 990. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 54,500 44,500 $ 99,000 Variable overhead Fixed overhead Total overhead a. Compute caontrollable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Controllable variance Required B
Exercise 8-24 (Algo) Controllable and volume variances LO P4 Shaw Incorporated began this period with a budget for 1,090 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $101,900, and actual units produced were 990. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 54,500 44,500 $ 99,000 Variable overhead Fixed overhead Total overhead a. Compute caontrollable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Controllable variance Required B
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 15E: Factory overhead cost variances The following data relate to factory overhead cost for the...
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