ompan ard cost system and gathered the following information for the period ended October 31, 2015: 43 Sweden Direct labor Overhead Amount hours rate Budgeted Variable overhead Fixed overhead 600,000 25,000 25,000 P24.00 800,000 P1,400,000 32.00 P56.00 Total Actual Variable overhead Fixed overhead P 588,800 791,200 P1,380,000 23,000 23,000 P25.60 34.40 P60.00 Total Required: Compute the following: Variable overhead spending variance . Fixed overhead spending variance a. Idle capacity variance

ompan ard cost system and gathered the following information for the period ended October 31, 2015: 43 Sweden Direct labor Overhead Amount hours rate Budgeted Variable overhead Fixed overhead 600,000 25,000 25,000 P24.00 800,000 P1,400,000 32.00 P56.00 Total Actual Variable overhead Fixed overhead P 588,800 791,200 P1,380,000 23,000 23,000 P25.60 34.40 P60.00 Total Required: Compute the following: Variable overhead spending variance . Fixed overhead spending variance a. Idle capacity variance

Name: for the period ended October 31, 2015:P14-3 Sweden Company uses stand
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Description: for the period ended October 31, 2015:P14-3 Sweden Company uses standard cost system and gathered the following informationDirect labor OverheadAmounthoursBudgetedVariable overheadFixed overheadrate600,00025,00025,000P24.00800,000P1,400,00032.00P56.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: acounting
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unc.2
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