Allowedfor actualoutput budgetedprice 23400500 117000

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Unformatted text preview: Allowedfor Allowedfor ActualCosts Qty. ActualOutput ActualOutput Incurred ×BudgetedRate ×BudgetedRate ×BudgetedRate CaseA:     Variable     Manufacturing  (1,325×$15) (1,250*×$15) (1,250*×$15) Overhead $15,000* $19,875 $18,750* $18,750*  $4,875* F $1,125 U  Rate variance Efficiency variance Never a variance  Fixed a Manufacturing  (Lumpsum) (Lumpsum) (1,250×$20 ) Overhead $26,500* $25,000* $25,000* $25,000*  $1,500 U $0  Never a variance Production-volume Rate variance  variance Totalbudgetedmanufacturingoverhead=$18,750+$25,000=$43,750  CaseB: Variable     Manufacturing  (1,625×$8.50*) (1,625*×$8.50*) (1,625*×$8.50*) Overhead $13,813 $13,813 $13,813 $13,813  $0* $0  Efficiency variance Never a variance Rate variance  Fixed (Lumpsum) (Lumpsum) Manufacturing  (1,625*×$10) b b Overhead $16,750 $17,500  $17,500  $16,250  $750 F* $1,250 U*  Rate variance Production-volume Never a variance  variance Denominatorlevel =BudgetedFMOHcosts÷BudgetedFMOHrate=$17,500÷ $10=1,750hours 8 ­‑32(cont’d)    ...
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This document was uploaded on 02/04/2014.

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