The Quick Bread Company bakes baguettes for distribution to upscale grocery stores. The
company has two directcost categories: direct materials and direct manufacturing labor. The
Quick Bread Company allocates fixed manufacturing overhead to products on the basis of
standard direct manufacturing laborhours. For fixed manufacturing overhead was budgeted
at $ per direct manufacturing laborhour. Actual fixed manufacturing overhead incurred during
the year was $
The following is some budget data for the Quick Bread Company for and additional
infomation for the year ended Decmeber :
Click the icon to view the budget data.
Click the icon to view the additional data.
Read the requirements.
Requirement Prepare a variance analysis of fixed manufacturing overhead cost.
Begin by completing the table below for the fixed manufacturing overhead that will be used to calculate the variances.