The following are the budgeted results at normal capacity of Boomerang Limited for June 2022...
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The following are the budgeted results at normal capacity of Boomerang Limited for June Fixed overheads $ Variable overheads $ Labor hours hours According to the standard, it takes hours to manufacture one product. Actual results: Fixed overheads $ Variable $ Labor hours worked hours Units manufactured units Required Calculate the following overhead variances: i Expenditure ii Volume iii Efficiency iv Capacity v Total variance vi Test the correctness of your variances
The following are the budgeted results at normal capacity of Boomerang Limited for June
Fixed overheads $
Variable overheads $
Labor hours hours
According to the standard, it takes hours to manufacture one product.
Actual results:
Fixed overheads $
Variable $
Labor hours worked hours
Units manufactured units
Required
Calculate the following overhead variances:
i Expenditure
ii Volume
iii Efficiency
iv Capacity
v Total variance
vi Test the correctness of your variances
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