In March, Leona Company made 4,500 units of its product. Leona uses a standard cost system and applies overhead cost based on direct labor hours. Standard: DLH per unit Variable overhead per DLH Fixed overhead per DLH Budgeted variable overhead Budgeted fixed overhead Actual: Direct labor hours Variable overhead Fixed overhead a. b. C. d. $3,875.00 U $3,875.00 F $3,125.00 F 2.50 Refer to Leona Company. Using the four-variance approach, what is the fixed overhead volume variance? $6,063.00 U $1.75 $3.10 $21,875 $38,750 10,000 $26,250 $38,000

In March, Leona Company made 4,500 units of its product. Leona uses a standard cost system and applies overhead cost based on direct labor hours. Standard: DLH per unit Variable overhead per DLH Fixed overhead per DLH Budgeted variable overhead Budgeted fixed overhead Actual: Direct labor hours Variable overhead Fixed overhead a. b. C. d. $3,875.00 U $3,875.00 F $3,125.00 F 2.50 Refer to Leona Company. Using the four-variance approach, what is the fixed overhead volume variance? $6,063.00 U $1.75 $3.10 $21,875 $38,750 10,000 $26,250 $38,000

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Description: Please do not give solution in image format thanku In March, Leona Company made 4,500 units of its product. Leona uses a standard cost system and applies overhead costbased on direct labor hours.Standard:DLH per unitVariable overhead per DLHFixed ove

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...

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