Issy Company ends the month with a volume variance of P6,360 unfavorable. If budgeted fixed overhead was P480,000, overhead was applied on the basis of 32,000 budgeted machine hours and budgeted variable factory overhead was P170,000. What was the actual hours used for the month?

Issy Company ends the month with a volume variance of P6,360 unfavorable. If budgeted fixed overhead was P480,000, overhead was applied on the basis of 32,000 budgeted machine hours and budgeted variable factory overhead was P170,000. What was the actual hours used for the month?

Name: Issy Company ends the month with a volume variance of P6,360 unfavora
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Description: Issy Company ends the month with a volume variance of P6,360 unfavorable. If budgeted fixedoverhead was P480,000, overhead was applied on the basis of 32,000 budgeted machine hoursand budgeted variable factory overhead was P170,000. What was the act

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 20E: Calculating amount of factory overhead applied to work in process The overhead application rate for...

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