At Clarkson Corp., the assembly department's April static overhead budget shows total overhead costs of $82,000. $20,000 of those costs are variable, and the rest are fixed. Direct labor hours is the activity base, and the static budget is based on 1,000 hours. Actual total overhead costs in April were $83,600, of which $20,400 were variable. Actual labor hours were 965. On a flexible budget report, what is April's budget difference for total overhead cost? Enter a favorable difference as a positive number or an unfavorable difference as a negative number.

Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.

Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing …

Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In compari…