HKmilk Co. has budgeted fixed manufacturing overhead of S14, 275 andbudgeted production of 2, 049 units for April. In April, the fixed overheadvolume variance was favorable S2, 502,and overhead was underapplied by Sl, 894 ?What was the actual amount of fixed manufacturing overhead that HKmilkCo. incurred in April?

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 21E: Georgia Gasket Co. budgets 8,000 direct labor hours for the year. The total overhead budget is...
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HKmilk Co. has budgeted fixed manufacturing overhead of S14, 275 and
budgeted production of 2, 049 units for April. In April, the fixed overhead
volume variance was favorable S2, 502,
and overhead was underapplied by Sl, 894 ?
What was the actual amount of fixed manufacturing overhead that HKmilk
Co. incurred in April?

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