The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows:
Standard Costs | |
Fixed overhead (based on 10,000 hours) | 3 hours per unit @ $0.76 per hour |
Variable overhead | 3 hours per unit @ $2.02 per hour |
Actual Costs |
|
Total variable cost, $18,200 | |
Total fixed cost, $8,100 |
The amount of the total factory overhead cost variance is
a.$4,726 favorable
b.$3,282 favorable
c.$3,282 unfavorable
d.$1,838 unfavorable
The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of...
The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows: Standard Costs 3 hours per unit $0.72 per hour 3 hours per unit@ $2.08 per hour Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,000 Total fixed cost, $8,200 The amount of the fixed factory overhead volume variance is Oa. $1,368 unfavorable ob. $1,094 unfavorable OC. $0 cd. $1,094 favorable Prevous Next
The standard costs and actual costs for factory overhead for the manufacture of 2,900 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.76 per hour Variable overhead 3 hours per unit @ $2.05 per hour Actual Costs Total variable cost, $17,800 Total fixed cost, $8,000 The amount of the fixed factory overhead volume variance is a. $988 unfavorable b. $790 unfavorable c. $790 favorable d. $0
22 - Quiz The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.74 per hour Variable overhead 3 hours per unit @ $1.95 per hour Actual Costs Total variable cost, $17,800 Total fixed cost, $8,000 The amount of the variable factory overhead controllable variance is Ca. $1,136 favorable ob. $1,420 favorable c. $1,420 unfavorable d....
Use this information to answer the question that follow. The standard costs and actual costs for factory overhead for the manufacture of 2,600 units of actual production are as follows Fixed overhead (based on 10,000 hours) Variable overhead 3 hours per unit$0.75 per hour 3 hours per unit $1.95 per hour Total variable cost, $18,200 Total fixed cost, $8,200 The fixed factory overhead volume variance is Oa. $1,320 unfavorable Ob. $0 Oc.$1,650 unfavorable Od. $1,320 favorable
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Factory Overhead Volume Variance Dvorak Company produced 2,700 units of product that required 2 standard hours per unit. The standard fixed overhead cost per unit is $2.10 per hour at 4,900 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Favorable Unfavorable
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Patel and Sons Inc. uses a standard cost system to apply factory overhead costs to units produced. Practical capacity for the plant is defined as 52,200 machine hours per year, which represents 26,100 units of output. Annual budgeted fixed factory overhead costs are $261,000 and the budgeted variable factory overhead cost rate is $2.70 per unit. Factory overhead costs are applied on the basis of standard machine hours allowed for units produced. Budgeted and actual output for the year was...