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Britain corporation is preparing its factory overhead cost budget for the third quarter of 2021. the management plans to produce 200,000 for the said quarter. past experience has shown that the company's product is produced at the rate of 4 units per hour.
Variable rates per direct labor as follows:
Indirect materials and supplies 0.76power 1.36repairs and maintenance 2.8other variable overhead 0.96total 5.88
total fixed overhead cost is budgeted at 147,200. For product costing purposes. a fixed overhead rate of P3.20 direct labor hour has been established.
Problem 1: How much is the total factory overhead for the quarter?
a. 441,200b. 454,000c. 417,680
Provide a critical evaluation of the relevant techniques and recommend an appropriate techniques to be applied -
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