Factory Overhead Cost VarancesThe fallowing data relate to factory overhead cost for the production of 7,000 computers:Actual:Variable factory overhead$198,600Fed factory overhead63,250Standard:7,000 hrs. at $35245,000productive capacity of 100 was 11.000 hours and the total factory everhead cost budgeted at the level of 7,000 standard hours was$268,000, determine the variable factory overhead controllable varance, fed factory overhead volume variance, and total factory overheadcost varance. The fised factory overthead rate was $5.75 per hour. Enter a favorable variance as a negative number using a minus sign and anenfavorable variance as a positive numberVarianceAmountFavorable/UnfavorableVariable factory overhead controllable varanceFixed factory overhead volume varianceTotal factory averhead cost variance

The following data relate to factory overhead cost for production of 7,000 computers Actual Variable factory overhead S198,600 Fed factory overhead 63,250 Standard 7,000 hs. at ss 245,000 productive capacity of 300 was 11.000 hours and the total factory everhead cot budgeted at the level of 7,000 standard hours was s268.000, determne the varable factory overhead controtable varance, hed factory overhead volume varanon, and total factory overhead cst varance. The fised factory overthead rate was 5.75 per hour. Enter a tavorable variance as a regative number using a minus sign and a tavorable varianceaspostive number Variance Amount Faverable/Untaverable varable factory everhead controlable varance Fed factory overhead volume variance Total factory overhead cost variance

The following data relate to factory overhead cost for production of 7,000 computers Actual Variable factory overhead S198,600 Fed factory overhead 63,250 Standard 7,000 hs. at ss 245,000 productive capacity of 300 was 11.000 hours and the total factory everhead cot budgeted at the level of 7,000 standard hours was s268.000, determne the varable factory overhead controtable varance, hed factory overhead volume varanon, and total factory overhead cst varance. The fised factory overthead rate was 5.75 per hour. Enter a tavorable variance as a regative number using a minus sign and a tavorable varianceaspostive number Variance Amount Faverable/Untaverable varable factory everhead controlable varance Fed factory overhead volume variance Total factory overhead cost variance

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter4: Extent (how Much) Decisions

Section: Chapter Questions

Problem 3MC

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