The following relates to a given department of Calóy för the first quart 2020: Actual FOH (fixed plus Variable) Budget formula Total FOH application rate Spending Variance (from 3-way) Volume variance (from 2-way) Overall factory overhead variance What were the actual hours worked in this department during the quarter? a. 110,000 b. 121,000 C. 137,000 d. 153,000 P178,500 P110,000 + PO.50 per hour P1.50 P8,000 U P5,000 F P6,000 U What were the standard hours allowed for good output in this department? . 105,000 . 106,667 . 110,000 1. 115,000
The following relates to a given department of Calóy för the first quart 2020: Actual FOH (fixed plus Variable) Budget formula Total FOH application rate Spending Variance (from 3-way) Volume variance (from 2-way) Overall factory overhead variance What were the actual hours worked in this department during the quarter? a. 110,000 b. 121,000 C. 137,000 d. 153,000 P178,500 P110,000 + PO.50 per hour P1.50 P8,000 U P5,000 F P6,000 U What were the standard hours allowed for good output in this department? . 105,000 . 106,667 . 110,000 1. 115,000
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 19E: The normal capacity of a manufacturing plant is 30,000 direct labor hours or 20,000 units per month....
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