The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: Actual: 25,000 hours at $10 Variable factory overhead Fixed factory overhead $250,000 a. $12,500 unfavorable b. $12,500 favorable c. $10,000 unfavorable d. $10,000 favorable $202,500 60,000 The fixed factory overhead volume variance is

The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: Actual: 25,000 hours at $10 Variable factory overhead Fixed factory overhead $250,000 a. $12,500 unfavorable b. $12,500 favorable c. $10,000 unfavorable d. $10,000 favorable $202,500 60,000 The fixed factory overhead volume variance is

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 4CMA: Patterson Corporation expects to incur 70,000 of factory overhead and 60,000 of general and...

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