The variable overhead efficiency variance for April was Use the following information to answer items #31-#34:Standard Company hasdeveloped standard manufacturing overhead costs based on a capacity of180,000 direct labor-hours (DLHS) as follows:Standard overhead costs per unit:Variable portion (2 DLH @ P3.00/DLH P6.00Fixed portion (2 DLH @ P5.00/DLH 10.00The following data pertain to operations in April:Actual Output80,000 unitsActual direct labor costP 644,000Actual direct labor hours worked165.000 DLHSP 518.000P 860.000Variable overhead cost incurredFixed overhead cost incurred< O O

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Description: The variable overhead efficiency variance for April was Use the following information to answer items #31-#34:Standard Company hasdeveloped standard manufacturing overhead costs based on a capacity of180,000 direct labor-hours (DLHS) as follows:Stand

Formula: Variable overhead efficiency variance = (Standard labor hours allowed for actual output -…

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Use the following information to answer items #31-#34:Standard Company has developed standard manufacturing overhead costs based on a capacity of 180,000 direct labor-hours (DLHS) as follows: Standard overhead costs per unit: Variable portion (2 DLH P3.00/DLH P6.0o0 Fixed portion (2 DLH @ P5.00/DLH 10.00 The following data pertain to operations in Aprit: Actual Output Actual direct labor cost Actual direct labor hours worked Variable overhead cost incurred Fixed overhead cost incurred 80.000 units P 644,000 165.000 DLHS P 518.000 P 860.000

Use the following information to answer items #31-#34:Standard Company has developed standard manufacturing overhead costs based on a capacity of 180,000 direct labor-hours (DLHS) as follows: Standard overhead costs per unit: Variable portion (2 DLH P3.00/DLH P6.0o0 Fixed portion (2 DLH @ P5.00/DLH 10.00 The following data pertain to operations in Aprit: Actual Output Actual direct labor cost Actual direct labor hours worked Variable overhead cost incurred Fixed overhead cost incurred 80.000 units P 644,000 165.000 DLHS P 518.000 P 860.000

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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