Reference no: EM132701210
Problem - Factory Overhead Variance
The following are the available data of Anton Corp. for year 2025:
Budgeted Fixed Overhead P3,132,000
Budgeted Variable Overhead P6,156,000
Budgeted Labor hours 1,080,000
Actual labor hours 1,042,200
Actual Fixed Overhead 3,132,000
Actual Variable Overhead 5,740,920
Required - Compute the following:
1. Total amount of over-under applied factory overhead
2. Total amount of spending variance
3. Total amount of idle capacity variance
What is the impact of budgeted units produced
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Compute the total amount of spending variance
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