CES Exercise 24-12 Byrd Company produces one product, a putter called GO-Putter. Byrd uses a...
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CES Exercise 24-12 Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. The normal production capacity for this putter is 135,000 units per year. The total budgeted overhead at normal capacity is $877,500 comprised of $337,500 of variable costs and $540,000 of foxed costs. Byrd applies overhead on the basis of direct labor hours During the current year, Byrd produced 78,100 putters, worked 87,600 direct labor hours, and incurred variable overhead costs of $152,295 and fixed overhead costs of $452,650. Eudy Compute the predetermined variable overhead rate and the predetermined fixed overhead rate. (Round answers to 2 decimal places, e.g. 2.75.) Variable Fixed Predetermined Overhead Rate $ LINK TO VIDEO LINE TO TEXT Compute the applied overhead for Byrd for the year. Overhead Applied LINE TO VIDEO LENK TO TEXT Compute the total overhead variance. Total Overhead Variance Click if you would like to show Work for this questioni Open Show Work LINK TO VIDEO LINE TO TEXT Question Attempts: 0 of 2 used SAVE FOR LATES SUBMIT
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