Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following data relate to factory overhead cost

The following data relate to factory overhead costs for the production of 3,000 computers. |Actual:...

70.2K

Verified Solution

Question

Accounting

The following data relate to factory overhead costs for the production of 3,000 computers.

|Actual: |

|Variable factory overhead |$81,500

|Fixed factory overhead |35,000

|Standard: |

|3,000 hrs, at $35|105,000

If the productive capacity of 100% was 5,000 hours and the factory overhead cost budgeted at the level of 3,000 standard hours was $119,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $7 per hour.

Do not copy from Chegg and give complete answer with explanation

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

PESTLE analysis - what are the key macro-environmental variables that might affect Whole Foods and other grocers?

General Management
Q

capacitor at the time t 45 s is C 3 F E Zero D 9...

Physics
Q

Fully simplify the following expression There should be no negative exponents in your answer Show...

Basic Math
Q

The following data represent the modes of transportation to campus of 20 students in a...

Basic Math
Q

10 CHALLENGE PROBLEM Yen Luong owns a used pickup truck that she wants to sell...

Basic Math
Q

Show that the function f x x 31 is not differentiable at 3 We have...

Calculus
Q

In 7 what is the direction part of the resultant vector Select one O a...

Algebra
Q

What are the solutions for the given equations below 3n 27 O

Algebra
Q

Brief Exercise 14-3 Determining the price of bonds [LO14-2] A company issued 6%, 15-year bonds...

Accounting
Q

Lead Time Sound Tek Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit...

Accounting
Q

Flag question Suleiman Co. has a $50,000 note payable that is paid in $10,000...

Accounting
Q

Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace...

Accounting