In August , the idle capacity variance of ZYNC Inc. was zero, and the spending...
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In August , the idle capacity variance of ZYNC Inc. was zero, and the spending variance as P6,000 unfavorable. In September, the idle capacity variance was P8,000 unfavorable, but the spending variance was zero. In August, actual overhead expense was P70,000 for an output of 8,000 tons. September's expense was P56,000 and output was 6,000 tons. In October, output was 9,000 tons, and actual overhead expense was P71,000. Required: 1. What is the budgeted FOH (estimated) for 9,000 tons? 2. How much is the applied FOH in October? 3. What is the spending variance in October? 4. What is the idle capacity variance in October
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