The following information was taken from the annual manufacturing overhead cost budget of Ashley Variable...
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The following information was taken from the annual manufacturing overhead cost budget of Ashley Variable manufacturing overhead costs $124,000 Fixed manufacturing overhead costs $93.000 Normal production level in direct labor hours 62,000 Normal production level in units 31,000 During the year, 30,000 units were produced, 64,000 hours were worked, and the actual manufacturing overhead costs were $225,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing terhead costs. Overhead is applied on the basis of direct labor hours. Instructions (a (b) Compute the total, fixed, and variable predetermined manufacturing overhead rates. Compute the total, controllable, and volume overhead variances
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