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Relevant Company had the following flexible budget for 2003 at 100 percent capacity of 30,000 direct labor hours.
Direct materials P800,000
Direct labor 600,000
Variable manufacturing overhead 360,000
Fixed manufacturing overhead 288,000
Question 1: Arlene had an P18,000 unfavorable volume variance, a P25,000 unfavorable variable overhead spending variance, and P2,000 total under applied overhead. The fixed overhead budget variance is ?
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Use the following information about RKO industries for Questions 1-8 What is RKO's EBT an EBT? What is RKO's Net Income
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