b. Fixed factory overhead volume variance = Budgeted overhead - standard overhead
= 25200 - 25200*21000/22000
= $1200 Unfavorable
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 21,000 hours of...
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 42,000 hours of production in the Weaving Department. The department has a full capacity of 56,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows: Variable overhead $126,000 Fixed overhead 89,600 Total $215,600 The actual factory overhead was $218,200 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard...
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 46,000 hours of production in the Weaving Department. The department has a full capacity of 61,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows: Variable overhead $115,000 Fixed overhead 79,300 Total $194,300 The actual factory overhead was $196,600 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard...
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 60,000 hours of production in the Weaving Department. The department has a full capacity of 75,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows: Variable overhead $450,000 Fixed overhead 262,500 Total $712,500 The actual factory overhead was $725,000 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard...
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 45,000 hours of production in the Weaving Department. The department has a full capacity of 60,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows: Variable overhead $112,500 Fixed overhead 78,000 Total $190,500 The actual factory overhead was $192,800 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard...
Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 23,000 hours of production in the Weaving Department. The department has a full capacity of 31,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: Variable overhead $80,500 Fixed overhead 55,800 Total $136,300 The actual factory overhead was $137,900 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard...
Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 37,000 hours of production in the Weaving Department. The department has a full capacity of 49,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: Variable overhead $99,900 Fixed overhead 68,600 Total $168,500 The actual factory overhead was $170,500 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard...
Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 26,000 hours of production in the Weaving Department. The department has a full capacity of 35,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: Variable overhead $80,600 Fixed overhead 56,000 Total $136,600 The actual factory overhead was $138,200 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard...
Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 36,000 hours of production in the Weaving Department. The department has a full capacity of 48,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: Variable overhead $75,600 Fixed overhead 52,800 Total $128,400 The actual factory overhead was $129,900 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard...
Blumen Textiles Corporation began April with a budget for 47,000 hours of production in the Weaving Department. The department has a full capacity of 63,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: Variable overhead $122,200 Fixed overhead 88,200 Total $210,400 The actual factory overhead was $212,900 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard hours at actual production...
22- HW Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 22,000 hours of production in the Weaving Department. The department has a full capacity of 29,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows: $59,400 Variable overhead Fixed overhead 40,600 $100,000 Total The actual factory overhead was $101,200 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department...