The following relates to a given department of Calóy för the first quart 2020: Actual FOH (fixed plus Variable) Budget formula Total FOH application rate Spending Variance (from 3-way) Volume variance (from 2-way) Overall factory overhead variance What were the actual hours worked in this department during the quarter? a. 110,000 b. 121,000 C. 137,000 d. 153,000 P178,500 P110,000 + PO.50 per hour P1.50 P8,000 U P5,000 F P6,000 U What were the standard hours allowed for good output in this department? . 105,000 . 106,667 . 110,000 1. 115,000

The following relates to a given department of Calóy för the first quart 2020: Actual FOH (fixed plus Variable) Budget formula Total FOH application rate Spending Variance (from 3-way) Volume variance (from 2-way) Overall factory overhead variance What were the actual hours worked in this department during the quarter? a. 110,000 b. 121,000 C. 137,000 d. 153,000 P178,500 P110,000 + PO.50 per hour P1.50 P8,000 U P5,000 F P6,000 U What were the standard hours allowed for good output in this department? . 105,000 . 106,667 . 110,000 1. 115,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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