The standard overhead rate is 10 per direct labor hour 8

Assignment Help Accounting Basics

Reference no: EM13608935

The standard overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5000 units during May were as follows:
Standard: 25,000 hours @ $10 $250,000
Actual: Variable factory overhead 202,500
Fixed factory overhead 60,000

A) What is the amount of the factory overhead volume variance?
B) What is the amount of the factory overhead controllable variance?

Reference no: EM13608935

Questions Cloud

Calculate the normal stress positive if tensile and : a cylindrical bronze sleeve 2 is held in compression against a rigid machine wall by a high-strength steel bolt 1 as

What is the debroglie wavelength of a neutron whose kinetic : what is the debroglie wavelength of a neutron whose kinetic energy is 0.04 ev? help we give masses in terms of their

If thetahat is an unbiased estimator of the parameter : if thetahat is an unbiased estimator of the parameter theta and varthetahat goes to 0 as n goes to infinity then

1 the scores on the mathematics section of the sat : 1. the scores on the mathematics section of the sat typically follow the normal curve. suppose the average was a 510

The standard overhead rate is 10 per direct labor hour 8 : the standard overhead rate is 10 per direct labor hour 8 for variable factory overhead and 2 fixed factory overhead

Department a had 4000 units in work in process that were 75 : department a had 4000 units in work in process that were 75 complted as to labor and overhead at the beginning of the

Cosmos corporation sells five different types of products : cosmos corporation sells five different types of products. the company is divided for internal reporting purposes into

Parlee companys sales are 30 in cash and 70 on credit sixty : parlee companys sales are 30 in cash and 70 on credit. sixty of the credit sales are collected in the month of sale 25

The charged capacitors are disconnected from the line and : a - 310-6f capacitor and a - 510-6f capacitor are connected in series across a 500-v supply line. the charged

User Account

All Pages