Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. $28,375 $ 31,310 Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead Budgeted fixed overhead (unchanged) Budgeted (Dexible) overhead Controllable variance $2.10 per unit QS 21-15 (Algo) Total overhead and controllable variances LO P4

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 9PA: MountaIn Peaks applies overhead on the basis of machine hours and reports the following information:...
icon
Related questions
Question

Please do not give solution in image format thanku 

Required information
Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.)
AirPro Corporation reports the following for this period.
Actual total overhead
Standard overhead applied
Budgeted (flexible) variable overhead rate
Budgeted fixed overhead
Predicted activity level
Actual activity level
Enter your answers in the tabs below.
$ 28,375
$ 31,310
Actual total overhead
Budgeted (flexible) overhead
Budgeted variable overhead
Budgeted fixed overhead (unchanged)
Budgeted (flexible) overhead
Controllable variance
$ 2.10 per unit
QS 21-15 (Algo) Total overhead and controllable variances LO P4
< Required A
$ 12,300
12,300 unit
10,100 units
Required A Required B
Compute the controllable variance and identify it as favorable or unfavorable.
Controllable variance
Cepurit o
B
Awe
Transcribed Image Text:Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. $ 28,375 $ 31,310 Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead Budgeted fixed overhead (unchanged) Budgeted (flexible) overhead Controllable variance $ 2.10 per unit QS 21-15 (Algo) Total overhead and controllable variances LO P4 < Required A $ 12,300 12,300 unit 10,100 units Required A Required B Compute the controllable variance and identify it as favorable or unfavorable. Controllable variance Cepurit o B Awe
Required information
Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.]
AirPro Corporation reports the following for this period.
Actual total overhead
Standard overhead applied
Budgeted (flexible) variable overhead rate
Budgeted fixed overhead
Predicted activity level
Actual activity level
Enter your answers in the tabs below.
$ 28,375
$31,310
$ 2.10 per unit
Actual total overhead
Standard overhead applied
Tatal overhead variance
$ 12,300
QS 21-15 (Algo) Total overhead and controllable variances LO P4
12,300 units
10,100 units
Required A Required B
Compute the total overhead variance and identify it as favorable or unfavorable.
Total Overhead Variance
Required B >
Transcribed Image Text:Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. $ 28,375 $31,310 $ 2.10 per unit Actual total overhead Standard overhead applied Tatal overhead variance $ 12,300 QS 21-15 (Algo) Total overhead and controllable variances LO P4 12,300 units 10,100 units Required A Required B Compute the total overhead variance and identify it as favorable or unfavorable. Total Overhead Variance Required B >
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Cost classification
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College