Danica Corporation's standard cost system contains the followingoverhead costs, computed based on a monthly normal volume of 25,000units or 50,000 direct labor hours:Variable factory overheadFixed factory overheadTotalP12 per unit8 per unitP20The following information pertains to the month of April 200A:Actual FOH costs incurred:VariableP316,680225,00026,000 units54,600 hoursFixedActual productionActual direct labor hours worked31. The total FOH cost variance is:a. P25,000 Ub. P17,000 Uc. P21,680 Ud. 4,680 U32. The variable overhead variance amounts to:a. P25,000 Ub. P16,680 Uc. 283,320 Fd. 4,680 U33. The variable overhead spending variance is:b. P4,680 Ua. P166,680 Uc. P10,920 Fd. P12,000 U34. The variable overhead efficiency variance is:b. P10,920 Fc. P4,680 Ua. P15,600 Ud. P12,000 U35. The fixed overhead variance amounts to:b. P17,000 Uc. P8,000 Ud. P6,000 Ua. P25,000 U36. The fixed overhead budget or spending variance amounts to:b. P8,000 Uа. РОc. P17,000 Ud. P25,000 U37. The fixed overhead volume or capacity variance amounts to:b. P8,000 Uc. P25,000 Ud. P25,000 Fa. P8,000 F38. Using the two-variance method, the controllable variance is:b. P4,680 Uc. P29,680 Ud. P15,600 Fa. P21,680 U39. Using the three-variance method for analysing FOH variance, the budget or spendingvariance amounts to:a. P4,680 Ub. P14,080 Uc. P25,000 Ud. P13,680 U40. Under the three-variance method for FOH analysis, the efficiency variance is:a. The variable effieciency variance of P15,600 unfavorableb. The variable efficiency variance of P15,600 unfavorable and volume variance ofP8,000 favorablec. Equal to P8,000 favorabled. Never computed

Name: Danica Corporation's standard cost system contains the followingoverh
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Danica Corporation's standard cost system contains the followingoverhead costs, computed based on a monthly normal volume of 25,000units or 50,000 direct labor hours:Variable factory overheadFixed factory overheadTotalP12 per unit8 per unitP20The fo