Using the information in P25-2A compute the overhead controllable variance and the overhead volume variance Ayala...

Using the information in P25-2A compute the overhead controllable variance and the overhead volume variance Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2017. Cost and Production Data Actual Standard Raw materials unit cost 2.25 2.10 Raw materials units used 10600 10000 Direct Labor payroll 120960 120000 direct labor hours worked 14400 15000 manufacturing overhead incurred 189500 manufacturing overhead applied 193500 machine hours expected to be used at normal capacity 42500 budgeted fixed overhead for June 55250 variable overhead rate per machine hour 3.00 fixed overhead rate per machine hour 1.30 overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for 400,000. Selling and administraive expenses were 40,000. Assume that the total amount of raw materials purchased equaled the amount used.

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ekkarill92 answered 2 years ago

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