1. Std Machine Hour Allowed= Std Hour Allowed per Unit X No. of Unit Produced |
2.5 HourX 8000=20000 |
2. Totla Budgeted Fixed Overhead= Actual Fixed Ovehed Cost Incurred+ Fixed Overhead Budget Variance |
=86000+1290=$87290 |
3.. Predetermined Fixed Overhead Rate = Budgeted Fixed Overhead Rate/ Totla Machine Hour |
=$87290/20300=$4.30 |
4. Fixed Overhead Volume Variance= Applied Fixed Overhead - Budgeted Fixed Overhead |
=(20000 HourX $4.30)-87290= $1290 Unfavourable |
Selected information relating to Yost Company's operations for the most recent year is given below: Activity: Denominat...
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