Compute the actual factory overhead cost incurred

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Reference no: EM132697788

The data below relate to the month of April 2019 for Chubz, Inc. which uses a standard cost system:

Actual direct labor cost P43,400 Actual hours worked 14,000

Direct labor rate variance - debit 1,400

Budgeted fixed cost 9,000

Normal activity in hours 12,000

Controllable variance - debit 500

Volume variance - credit 2,250

Total application rate per direct labor hour 2.25

Required:

Problem a. Compute the standard hours allowed for good output.

Problem b. Compute the actual factory overhead cost incurred.

Problem c. Compute the direct labor usage variance in April.

Reference no: EM132697788

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