Subject : Acounting Factory Overhead Cost VariancesThe following data relate to factory overhead cost for the production of 5,000 computers:Variable factory overheadFixed factory overhead5,000 hrs. at $31If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was$173,750, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overheadcost variance. The fixed factory overhead rate was $6.25 per hour. Enter a favorable variance as a negative number using a minus sign and anunfavorable variance as a positive number.Actual:Standard:VarianceVariable factory overhead controllable varianceFixed factory overhead volume variancTotal factory overhead cost variance$120,00050,000155,000AmountXXFavorable/Unfavorable

Name: Subject : Acounting Factory Overhead Cost VariancesThe following data
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Subject : Acounting Factory Overhead Cost VariancesThe following data relate to factory overhead cost for the production of 5,000 computers:Variable factory overheadFixed factory overhead5,000 hrs. at $31If productive capacity of 100% was 8,000 hours