The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhad and $1.30 for fixed overhead) based on 100% 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: $360,000 fixed factory overhead 104,000 Standard hours allowed for units produced: 60,000 hours What is the maount of the factory overhead volume variance & what is the amount of the factory overhead controllable variance? options for both are: a) 12,000U b) 12,000F c) 14000U d) 26000U

The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhad and $1.30 for fixed overhead) based on 100% 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: $360,000 fixed factory overhead 104,000 Standard hours allowed for units produced: 60,000 hours What is the maount of the factory overhead volume variance & what is the amount of the factory overhead controllable variance? options for both are: a) 12,000U b) 12,000F c) 14000U d) 26000U

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Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 12E

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