Ashford Foods processes based organic en fruits sold sealty grootty stores Click the icon to...
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Accounting
Ashford Foods processes based organic en fruits sold sealty grootty stores Click the icon to www.additional information Read the immens Requiremont 1. How tie overhead would have been allocated to production? How much fred over would have been allocated to production? The variable who led to pro 519.00 Now in the develocated to production The towed overhead stocares to productions 3710 Requirement Compute the vale Mariance and the variable MOH eiciency variance. What do these stel nagers? Depinbyder the formula for the variable Mariance from date the wide variance et on a positive combines to wo decimate tabel variances faverato un Volverhad Am rate variance Actual hours Chet oman who and then check - More Info The company allocates manufacturing overhead based on direct labor hours. Ashford has budgeted fixed manufacturing overhead for the year to be $624,000. The predetermined fixed manufacturing overhead rate is $17.00 per direct labor hour, while the standard variable manufacturing overhead rate is $0.95 per direct labor hour. The direct labor standard for each case is one - quarter (0.25) of an hour The company actually processed 168,000 cases of frozen organic fruits during the year and incurred $699,120 of manufacturing overhead of this amount, $644,000 was fixed. The company also incurred a total of 42,400 direct labor hours. Print Done 1. How much variable overhead would have been allocated to production? How much fixed overhead would have been allocated to production? 2. Compute the variable MOH rate variance and the variable MOH efficiency variance. What do these variances tell managers? 3. Compute the fixed MOH budget variance and the fixed overhead volume variance. What do these variances tell managers



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