Title: The Livonia Manufacturing Company applies fixed manufacturing overhead at the rate of $3.45 per ... Post by: LiChan on Dec 13, 2016 The Livonia Manufacturing Company applies fixed manufacturing overhead at the rate of $3.45 per direct labor hour. Fixed manufacturing overhead is budgeted to be $207,000 per month. The direct labor efficiency standard is 3 hours per finished unit. Budgeted production for the month is 20,000 and the company actually produced 18,900 units. Actual fixed manufacturing overhead cost incurred was $212,735.
REQUIRED: 1.) Determine the fixed overhead budget variance. 2.) Determine the fixed manufacturing overhead volume variance. Title: Re: The Livonia Manufacturing Company applies fixed manufacturing overhead at the rate of $3.45 per ... Post by: hol23 on Dec 15, 2016 Content hidden
Title: Re: The Livonia Manufacturing Company applies fixed manufacturing overhead at the rate of $3.45 per ... Post by: LiChan on Jan 26, 2017 Was looking for this exact answer, thanks
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