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The standard cost card for the single product manufactured by Cutter, Inc., is given below: Inputs Direct materials Direct laActual Fixed Overhead bereits Fixed Overhead Applied to Work in Process Budgeted Fixed Overhead ? hours x $? per hour = $? $5

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Answer #1

Answer ;

1. Standard hour allowed for years production = 12000 unit *0.8 = 9600 hour

2. Compution of Budget fixed oh

fixed oh volume variance = Absorbed fixed oh - Budgeted fixed oh

1200 = SR * SH - Budgeted fixed oh

1200 = $6 *9600 - Budgeted fixed oh

Budgeted fixed oh = $56400

3. Compution of fixed oh Budget variance

Fixed overhed Budget variance = Budgeted fixed oh - Actual fixed oh

   = $56400 - $58000

= $ 1600 U

4. Compution of Denominator Activity

SR = Budgeted fixed oh / Budgeted activity

6 = $56400 / Budgeted activity

Budgeted activity = 56400/6 = 9400 hour

so Denominator Activity = 9400 Hour

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