Homework Answers
Answer : D. $6,530 favorable
Explanation :
Total budgeted fixed overhead cost = 2,300 units * 1.5 direct labor hrs * $7.40 per direct labor hr = $25,530
Actual fixed overhead costs = $19,000 (given)
Fixed overhead budgeted variance = Budgeted fixed overhead cost - Actual fixed overhead costs
= $25,530 - $19,000 = $6,530 favorable
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James Corp. applies overhead on the basis of direct labor hours. For the month of May,...
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For the month of May, the company planned production of 10,000
units (80% of its production capacity of 12,500 units) and prepared
the following overhead budget:
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80%
Production in units
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Standard direct labor hours
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the following overhead budget:
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For the month of May, the company planned production of 10,000
units (80% of its production capacity of 12,500 units) and prepared
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