The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% of normal capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows: Actual: Variable factory overhead Fixed factory overhead Standard hours allowed for units produced: The variable factory overhead controllable variance is a. $12,000 unfavorable b. $14,000 unfavorable c. $12,000 favorable Od. $26,000 unfavorable $360,000 104,000 60,000 hours

The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% of normal capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows: Actual: Variable factory overhead Fixed factory overhead Standard hours allowed for units produced: The variable factory overhead controllable variance is a. $12,000 unfavorable b. $14,000 unfavorable c. $12,000 favorable Od. $26,000 unfavorable $360,000 104,000 60,000 hours

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Description: The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% of normalcapacity of 80,000 machine hours. The standard cost and the actual cost of factory overhea

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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