Answer Happy

The information shown below was taken from the annual
manufacturing overhead cost budget
of Concord Company.
During the year, 4,520 units were
produced, 18,000 hours were worked, and the actual
manufacturing overhead was $62,160. Actual fixed manufacturing
overhead costs equaled budgeted fixed manufacturing overhead costs.
Overhead is applied on the basis of direct labor hours.
(a)
Correct answer icon
Your answer is correct.
Compute the total, fixed, and variable predetermined
manufacturing overhead rates. (Round answers to 2
decimal places, e.g. 1.25.)
Item
Rate
Variable overhead
Fixed overhead
Total overhead
Attempts: 1 of 2 used
(b)
Compute the total, controllable, and volume overhead
variances.
Total overhead variance
select an option




Neither favorable nor
unfavorableFavorableUnfavorable
Overhead controllable variance
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Neither favorable nor
unfavorableFavorableUnfavorable
Overhead volume variance
select an option