O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are as follows: Actual variable OH incurred $196,000 Variable OH rate per MH Standard MHs allowed Actual MHs $6 33,000 32,000 Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is Select one: a. $4,000 F. b. $2,000 F. c. $4,000 U. O d. $6,000 F.
O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are as follows: Actual variable OH incurred $196,000 Variable OH rate per MH Standard MHs allowed Actual MHs $6 33,000 32,000 Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is Select one: a. $4,000 F. b. $2,000 F. c. $4,000 U. O d. $6,000 F.
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 21E: Georgia Gasket Co. budgets 8,000 direct labor hours for the year. The total overhead budget is...
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Question
![O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are
as follows:
Actual variable OH incurred $196,000
Variable OH rate per MH
Standard MHs allowed
Actual MHs
$6
33,000
32,000
Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is
Select one:
a. $4,000 F.
b. $2,000 F.
c. $4,000 U.
O
d. $6,000 F.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F068ed175-53b8-4fe8-986e-2fbaa9eff1bc%2Fb3ec496b-6341-4727-930f-5a553b627a53%2F43tn2df_processed.jpeg&w=3840&q=75)
Transcribed Image Text:O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are
as follows:
Actual variable OH incurred $196,000
Variable OH rate per MH
Standard MHs allowed
Actual MHs
$6
33,000
32,000
Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is
Select one:
a. $4,000 F.
b. $2,000 F.
c. $4,000 U.
O
d. $6,000 F.
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