This paper concentrates on the primary theme of The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% of the normal capacity of 80,000 machine hours. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.
The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% of the normal capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows:Actual: Variable factory overhead$360,000Fixed factory overhead104,000Standard hours allowed for units produced:60,000 hoursWhat is the amount of the variable factory overhead controllable variance? a.$12,000 unfavorableb.$26,000 unfavorablec.$14,000 unfavourable.$12,000 favorable