Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 4 DLH per unit. For March, the company planned production of 8,000 units ( 80% of its production capacity of 10,000 units) and prepared the followng budget. The company actually operated at 90% capacity (9,000 units) In March and Incurred actual total overhead costs of $81,700. 1. Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 32,000DLH, computed as 8,000 units 4 DLH per unit. 2. Compute the total overhead varlance. 3. Compute the overhead controllable varlance. 4. Compute the overhead volume varlance. Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
