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
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text: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 controllable 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 A
Required B >
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