O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are as follows: Actual variable OH incurred $196,000 Variable OH rate per MH Standard MHs allowed Actual MHs $6 33,000 32,000 Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is Select one: a. $4,000 F. b. $2,000 F. c. $4,000 U. O d. $6,000 F.
O'Brien Company uses a two-way analysis of overhead variances. Selected data for the March production activity are as follows: Actual variable OH incurred $196,000 Variable OH rate per MH Standard MHs allowed Actual MHs $6 33,000 32,000 Assuming that budgeted fixed overhead costs are equal to actual fixed costs, the controllable variance for March is Select one: a. $4,000 F. b. $2,000 F. c. $4,000 U. O d. $6,000 F.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 27BEA: Rath Company showed the following information for the year: Required: 1. Calculate the standard...
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