The following data are given for Bahia Company: Budgeted production (at 100% of normal...
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Accounting
The following data are given for Bahia Company: Budgeted production at of normal capacity Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The fixed factory overhead volume variance is a $ favorable b $ unfavorable c $ unfavorable d $ favorable units units $ $ $ per hour $ $ $ per standard direct labor hour $
The following data are given for Bahia Company:
Budgeted production at of normal capacity
Actual production
Materials:
Standard price per pound
Standard pounds per completed unit
Actual pounds purchased and used in production
Actual price paid for materials
Labor:
Standard hourly labor rate
Standard hours allowed per completed unit
Actual labor hours worked
Actual total labor costs
Overhead:
Actual and budgeted fixed overhead
Standard variable overhead rate
Actual variable overhead costs
Overhead is applied on standard labor hours.
The fixed factory overhead volume variance is
a $ favorable
b $ unfavorable
c $ unfavorable
d $ favorable
units
units
$
$
$ per hour
$
$
$ per standard direct labor hour $
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