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the variable factory overhead controllable variance is a. $165,014.59 unfavorable b. $165,014.59 favorable c. $25,004.00 unfavorable d. $25,004.00 favorable

the variable factory overhead controllable variance is a. $165,014.59 unfavorable b. $165,014.59 favorable c. $25,004.00 unfavorable d. $25,004.00 favorable

FINANCIAL ACCOUNTING
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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The following data is given for Bahia Company: Budgeted production Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The variable factory overhead controllable variance is a. $165,014.59 unfavorable Ob. $165,014.59 favorable c. $25,004.00 unfavorable Od. $25,004.00 favorable 1,097 units 940 units $1.981 10 9,118 $18,692 $14.61 per hour 4.9 4,841 $73,825 $1,153,000 $24.00 per standard labor hour $135,548
Transcribed Image Text:The following data is given for Bahia Company: Budgeted production Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The variable factory overhead controllable variance is a. $165,014.59 unfavorable Ob. $165,014.59 favorable c. $25,004.00 unfavorable Od. $25,004.00 favorable 1,097 units 940 units $1.981 10 9,118 $18,692 $14.61 per hour 4.9 4,841 $73,825 $1,153,000 $24.00 per standard labor hour $135,548
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