Homework Answers
A)Actual cost =$42818
B)Variance =$2710(unfavorable)
Since the cost variance is unfavorable, the actual cost incurred will be lower than the budgeted cost.
C)Then budgeted cost= A - B
=42818-2710= $40108
D) Budgeted cost per hour= C/budgeted hrs =40108/15260.
=$2.63
E) actual cost per hour = A/ actual hrs
=42818/14800 =$2.89
The cost is $2.63 per machine hour.
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Actual Cost
per foot
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(Do not round intermediate calculations. Indicate the
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variance))
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