Solution-Prepare truck divisions fixed overhead variances

Prepare truck divisions fixed overhead variances

Reference no: EM13538849

Information about the use of fixed overhead at EZ Toys' Trucks Division follows:

Annual budget data Fixed overhead	= $115,200
Direct labor hours	= 57,600
Standard fixed overhead rate	= $2 per hour
Standard costs
0.4 hour per truck @ $2 per hour	= $0.8 per truck
Trucks produced in October	= 10,000
Actual variable overhead cost	= $9,000

Required:

Prepare Truck Division's fixed overhead variances for October.

Reference no: EM13538849

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Prepare truck divisions fixed overhead variances

Reference no: EM13538849

Reference no: EM13538849

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