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(solution) The standard factory overhead rate is $7.50 per machine hour


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 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

$360,000

  Fixed factory overhead

104,000


Standard hours allowed for units produced:

60,000 hours
 


What is the amount of the variable factory overhead controllable variance?
a. $12,000 unfavorable
b. $26,000 unfavorable
c. $14,000 unfavorable
d. $12,000 favorable

 


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Sep 13, 2020

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