Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the standard costs and actual costs for factory ov

The standard costs and actual costs for factory overhead for the manufacture of 2,800 units...

80.2K

Verified Solution

Question

Accounting

The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows:

Standard Costs
Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.77 per hour
Variable overhead 3 hours per unit @ $1.95 per hour
Actual Costs
Total variable cost, $17,800
Total fixed cost, $8,000

The amount of the fixed factory overhead volume variance is

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the dimensions (in inches) of the rectangular package of maximum volume subject to the constraint...

Basic Math
Q

Why are antiviral drugs often very dangerous to take The chance for cross reactivity with...

Biology
Q

hemisphere and a cylinder on a cylindrical base The dimensions are shown below The base...

Geometry
Q

f(x) = -3/x^2Find two points on the graph of this function, other than the origin,...

Basic Math
Q

Which function is the inverse of f x x 3 g x x 3 A...

Algebra
Q

Provide the missing data in the following table for a distributor of martial arts products:...

Accounting
Q

Dicer uses the conventional retail method to determine its ending inventory at cost. Assume the...

Accounting
Q

Current Position Analysis a. Determine the (1) current ratio and (2) quick ratio for both...

Accounting
Q

10.00 points Exercise 14-8 Production and purchases budgets LO 4, 5 Gillman Co. is forecasting...

Accounting
Q

Question 19 (1 point) Which of the following is not classified as direct labor? Bakers...

Accounting
Q

Required information Exercise 10-17 Complete the accounting cycle using stockholders' equity transactions (LO10-2, 10-4, 10-5,...

Accounting
Q

Cost of customer service should be charged to cost object on the basis of a....

Finance