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  3. the predetermined overhead rate for waterway indus

The predetermined overhead rate for Waterway Industries is S5, comprised of a variable overhead rate...

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Accounting

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The predetermined overhead rate for Waterway Industries is S5, comprised of a variable overhead rate of $3 and a fixed rate of $2.The amount of budgeted overhead costs at normal capacity of $150000 was diviced by normal capocity of 30000 direct labor hours, to arrive at the predetermined overhcad rate of $S. Actual overhead for June was $6340 variable and $4020 fixed, and standard hours allowed for the product produced in June was 2000 hours. The total overhead variance is erfor Jul O $360 F O $2020 u O 2020 F $360 u

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