Charlotte Fabricating applies variable overhead to products on the basis of standard direct labor hours.
Presented is selected information for last month when 10,000 units were produced.
Direct labor Variable overhead
Actual A. F.
Standard hours/unit B. B.
Actual hours (total) 2,100 2,100
Standard rate/hour $12.00 $8.00
Actual rate $12.60
Flexible budget $24,000 $16,000
Labor rate or variable overhead spending variance C. G.
Efficiency variances D. H.
Total flexible budget variance E. $1,000 F.
Required
Solve for items “A” through “H”
The post Charlotte Fabricating applies variable overhead to products on the basis of standard direct labor hours. Presented is selected information for last… appeared first on Graduate Paper Help.