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Determine standard hours allowed

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Reference no: EM132529297

The risk company provides you with the following information for the year 2019.

Standard variable overhead rate P 3 per DLH

Actual variable overhead 303,750

Actual fixed overhead 299,950

Variances:

Variable spending 750 unfavorable

Variable efficiency 900 favorable

Fixed spending 4, 950 unfavorable

Fixed volume 3, 835 favorable

Required:

Question 1: Compute the following:

  1. Standard hours allowed
  2. actual direct labor hours
  3. applied overhead to production

Reference no: EM132529297

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