Homework Answers
| Budget variance = | Actual fixed overhead - Budgeted fixed overhead | |||
| = | $284,730 - $274,680 | |||
| = | $10,050 | U | ||
| Volume variance = | Fixed component of the predetermined overhead rate x (Denominator hours - Standard hours allowed for the actual output) | |||
| = | $32.70 per hour × (8,400 hours - 8,900 hours) | |||
| = | $16,350 | F | ||
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Please find the correct Variable Overhead Rate Variance for
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