tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...

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business accounting

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Answer 1

Answer #1

Solution:

Budgeted fixed overhead cost = $9,200

Fixed overhead applied = Standard machine hours * Predetermined fixed overhead rate

= 1040 * $8 = $8,320

Fixed overhead production volume variance = Fixed overhead applied - Budgeted fixed overhead cost

= $8,320 - $9,200 = $880 Unfavorable

Hence last option is correct.

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Answer 2

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tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...

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Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted...

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tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...

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tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...