The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as Standard Costs Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,100 Total fixed cost, $8,000 3 hours per unit at $0.79 per hour 3 hours per unit at $1.96 per hour The variable factory overhead controllable variance is O a. 50 O b. $1,636 favorable Oc. $1,636 unfavorable Od. $1,309 favorable.

The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as Standard Costs Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,100 Total fixed cost, $8,000 3 hours per unit at $0.79 per hour 3 hours per unit at $1.96 per hour The variable factory overhead controllable variance is O a. 50 O b. $1,636 favorable Oc. $1,636 unfavorable Od. $1,309 favorable.

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Description: 7 The standard costs and actual costs for factory overhead for the manufacture of 2,800units of actual production are as follows:Standard CostsFixed overhead (based on 10,000 hours)Variable overheadActual CostsTotal variable cost, $18,100Total fixed

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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