expected to operate the department at 100% of normal capacity of 5,500 hours. supervisory salaries,...
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expected to operate the department at 100% of normal capacity of 5,500 hours. supervisory salaries, $9,610; depreciation of plant and equipment, $24,660; and insurance and property taxes, $7,530. Required: Tiger Equipment Inc. Factory Overhead Cost Variance Report-Welding Department For the Month Ended May 31 Normal capacity for the month 5,500 hrs. Actual production for the month 5,800 hrs. Actual Budget Unfavorable Variances Favorable Variances Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead cost Total controllable variances
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expected to operate the department at 100% of normal capacity of 5,500 hours. supervisory salaries, $9,610; depreciation of plant and equipment, $24,660; and insurance and property taxes, $7,530. Required: Tiger Equipment Inc. Factory Overhead Cost Variance Report-Welding Department For the Month Ended May 31 Normal capacity for the month 5,500 hrs. Actual production for the month 5,800 hrs. Actual Budget Unfavorable Variances Favorable Variances Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead cost Total controllable variances 