DBC's actual and budgeted fixed overhead amounts for the last year were $480,000 and $420,000. Standard hours allowed for the output achieved was 65,000 hours. 60,000 hours had been budgeted for the year. DBC's fixed overhead volume variance was:

DBC's actual and budgeted fixed overhead amounts for the last year were $480,000 and $420,000. Standard hours allowed for the output achieved was 65,000 hours. 60,000 hours had been budgeted for the year. DBC's fixed overhead volume variance was:

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Description: Please do not give solution in image format thanku DBC's actual and budgeted fixed overheadamounts for the last year were $480,000and $420,000. Standard hours allowed forthe output achieved was 65,000 hours.60,000 hours had been budgeted for theyear.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 12PA: ABC Inc. spent a total of $48,000 on factory overhead. Of this, $28,000 was fixed overhead. ABC Inc....

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A company estimates its manufacturing overhead will be $840,000 for the next year. What is the predetermined overhead rate given each of the following Independent allocation bases? Budgeted direct labor hours: 90,615 Budgeted direct labor expense: $750000 Estimated machine hours: 150,000
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