Business, 27.02.2020 22:14, ashtonbillups
Neptune Inc. uses a standard cost system and has the following information for the most recent month, April:
Actual direct labor hours (DLHs) worked 17,000
Standard direct labor hours allowed for good output produced this period 18,000
Actual total factory overhead costs incurred $45,400
Budgeted fixed factory overhead costs $10,800
Denominator activity level, in direct labor hours (DLHs) 15,000
Total factory overhead application rate per standard direct labor hour $2.70
1. The total underapplied or overapplied factory overhead in April for Neptune, Inc. was:
2. The total factory overhead spending variance in April for Neptune, Inc. was:
3. The factory overhead production volume variance in April for Neptune, Inc. was:
4. The variable factory overhead efficiency variance for Neptune, Inc. in April was:
5. The total factory overhead flexible-budget variance in April for Neptune, Inc. was:
Answers: 2
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Neptune Inc. uses a standard cost system and has the following information for the most recent month...
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