Factory overhead variance corrections
The data related to Danville Sporting Goods Company's factory overhead cost for the production of 40,000 units of product are as follows:
Productive capacity at 100% of normal was 100.000 hours, and the factory overhead cost budgeted at the level of 105,000 standard hours was $720,000. Based on these data, the chief cost accountant prepared the following variance analysis:
Identify the errors in the factory overhead cost variance analysis.
College Accounting (Book Only): A Career Approach
Financial & Managerial Accounting
Financial Accounting
Intermediate Accounting: Reporting And Analysis
Accounting (Text Only)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Corporate Financial Accounting
College Accounting, Chapters 1-27
Accounting Information Systems
Financial & Managerial Accounting
Financial And Managerial Accounting
Financial Accounting
College Accounting (Book Only): A Career Approach
Managerial Accounting: The Cornerstone of Business Decision-Making
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Management, Loose-Leaf Version
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Principles of Economics (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Foundations of Business (MindTap Course List)
Contemporary Marketing
Essentials of Economics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Exploring Economics
Fundamentals of Financial Management (MindTap Course List)
Accounting Information Systems
MKTG 12:STUDENT ED.-TEXT
Fundamentals of Financial Management (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Microeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Cornerstones of Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Corporate Financial Accounting
Cornerstones of Cost Management (Cornerstones Series)
Purchasing and Supply Chain Management
Economics For Today
Micro Economics For Today
Economics (MindTap Course List)
Microeconomics
Practical Management Science
Managerial Accounting
Microeconomics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Macroeconomics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)
Principles of Microeconomics
Economics: Private and Public Choice (MindTap Course List)