The standard costs and actual costs for factory overhead for the manufacture of 3,000 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,100 Total fixed cost, $8,200 The total factory overhead cost variance is Oa. $1,130 unfavorable Ob. $1,890 favorable Oc. $370 unfavorable d. $1,130 favorable 3 hours per unit at $0.76 per hour 3 hours per unit at $1.97 per hour

The standard costs and actual costs for factory overhead for the manufacture of 3,000 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,100 Total fixed cost, $8,200 The total factory overhead cost variance is Oa. $1,130 unfavorable Ob. $1,890 favorable Oc. $370 unfavorable d. $1,130 favorable 3 hours per unit at $0.76 per hour 3 hours per unit at $1.97 per hour

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Description: Please do not give solution in image format thanku The standard costs and actual costs for factory overhead for the manufacture of 3,000units of actual production are as follows:Standard CostsFixed overhead (based on 10,000 hours)Variable overheadAct

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 12P: Overhead application rate Roll Tide Manufacturing Inc. uses a job order cost system and standard...

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The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows: Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $17,800 Total fixed cost, $8,200 The total factory overhead cost variance is Oa. $1,600 unfavorable Ob. $2,930 favorable Oc. $2,930 unfavorable Od. $4,260 favorable Standard Costs 3 hours per unit at $0.70 per hour 3 hours per unit at $2.00 per hour
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The standard costs and actual costs for factory overhead for the manufacture of 2,900units of actual production are as follows: Line Item Description Value Fixed overhead (based on 10,000 hours) 3 hours per unit at $0.76 per hour Variable overhead 3 hours per unit at $2.02 per hour Actual CostsTotal variable cost, $17,900Total fixed cost, $7,900 The total factory overhead cost variance is a. $326 unfavorable b. $1,314 favorable c. $2,302 favorable d. $1,314 unfavorable