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  3. budgeted overhead for waterway industries at norma

Budgeted overhead for Waterway Industries at normal capacity of 38000 direct labor hours is $6...

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Accounting

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Budgeted overhead for Waterway Industries at normal capacity of 38000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May, $379200 of overhead was incurred in working 39500 hours when 41500 standard hours were allowed The overhead volume variance is $20000 favorable. $35800 favorable. $14000 favorable. $26000 favorable

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