Factory Overhead Controllable Variance Bellingham Company produced 2,100 units of product that required 3.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.30 per direct labor hour. The actual variable factory overhead was $38,175. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. X Favorable v 780 Factory Overhead Volume Variance Bellingham Company produced 1,500 units of product that required 4 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.45 per direct labor hour at 6,600 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. -1,372 X Unfavorable v
Factory Overhead Controllable Variance Bellingham Company produced 2,100 units of product that required 3.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.30 per direct labor hour. The actual variable factory overhead was $38,175. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. X Favorable v 780 Factory Overhead Volume Variance Bellingham Company produced 1,500 units of product that required 4 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.45 per direct labor hour at 6,600 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. -1,372 X Unfavorable v
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 3BE: Factory overhead controllable variance Bellingham Company produced 15,000 units of product that...
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Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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Transcribed Image Text:Factory Overhead Controllable Variance
Bellingham Company produced 2,100 units of product that required 3.5 standard direct labor hours per unit. The standard
variable overhead cost per unit is $5.30 per direct labor hour. The actual variable factory overhead was $38,175. Determine the
variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an
unfavorable variance as a positive number.
780 x Favorable v
Factory Overhead Volume Variance
Bellingham Company produced 1,500 units of product that required 4 standard direct labor hours per unit. The standard fixed
overhead cost per unit is $2.45 per direct labor hour at 6,600 hours, which is 100% of normal capacity. Determine the fixed
factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
-1,372 X Unfavorable v
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