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The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing:...

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Accounting

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The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing: During the year, 30,000 units were produced, 64,000 hours were worked, and the actual manufacturing overhead costs were $322,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs Overhead is applied on the basis of direct labor hours. Compute the total, fixed, and variable predetermined manufacturing overhead rates. The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing: During the year, 30,000 units were produced, 64,000 hours were worked, and the actual manufacturing overhead costs were $322,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs Overhead is applied on the basis of direct labor hours. Compute the total, fixed, and variable predetermined manufacturing overhead rates. Compute the total, controllable, and volume overhead variances. Identify whether the variances Favorable or Unfavorable

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