H Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 5,000 computers: Actual: Variable factory overhead $166, 100 Fixed factory overhead 46,000 Standard: 5,000 hrs. at $40 200,000 If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $217,250, determine the variable factory overhead Controllable Variance,fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $5.75 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorablevariance as a positive number. Variance Amount Favorable/Unfavorable Controllable variance $fill in the blank 1 Volume variance $fill in the blank 3 Total factory overhead cost variance Sfill in the blank 5

Name: H Factory Overhead Cost Variances The following data relate to factory
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Description: H Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 5,000 computers: Actual: Variable factory overhead $166, 100 Fixed factory overhead 46,000 Standard: 5,000 hrs. at $40 200,000 If productive ca

Variance arises when the actual costs differ from the standard costs. The results are favorable…

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Accounting

actory Overhead Cost Variances The following data relate to factory overhead cost for the production of 5,000 computers: Actual: Variable factory overhead $166, 100 Fixed factory overhead 46,000 Standard: 5,000 hrs. at S 0 200,000 If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $217,250, determine the variable factory overhead Controllable Variance, xed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $5.75 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable ariance as a positive number. Variance Amount Favorable/Unfavorable Controllable variance Sfill in the blank 1 Volume variance Sfill in the blank 3 Total factory overhead cost variance Sfill in the blank 5

actory Overhead Cost Variances The following data relate to factory overhead cost for the production of 5,000 computers: Actual: Variable factory overhead $166, 100 Fixed factory overhead 46,000 Standard: 5,000 hrs. at S 0 200,000 If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $217,250, determine the variable factory overhead Controllable Variance, xed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $5.75 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable ariance as a positive number. Variance Amount Favorable/Unfavorable Controllable variance Sfill in the blank 1 Volume variance Sfill in the blank 3 Total factory overhead cost variance Sfill in the blank 5

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 15E: Factory overhead cost variances The following data relate to factory overhead cost for the...

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