Variable factory overhead controllable variances: The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows: Variable factory overhead controllable variance } = ( Actual variable factory overhead − Standard variable factory overhead ) To determine: The variable factory overhead controllable variance.

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Answer 1

Question

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

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Answer 2

Question

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

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Answer 3

Question

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

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Answer 4

Question

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

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Answer 5

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

Answer 6

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

Answer 7

Chapter 22, Problem 22.3BPE

To determine

Variable factory overhead controllable variances:

The difference between the actual variable overhead costs, and the standard variable overhead costs for actual production is known as the variable factory overhead controllable variances. The variable factory overhead controllable variance is computed as follows:

Variable factory overheadcontrollable variance}= (Actual variable factory overhead−Standard variable factory overhead )

To determine: The variable factory overhead controllable variance.

Answer 8

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Answer 9

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Answer 10

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Answer 11

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Solution Summary: The author explains that the variable factory overhead controllable variance is a favorable variance, since the actual price is lesser than the standard price.

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