The predetermined overhead rate for concord corporation is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. the amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. actual overhead for june was $8288 variable and $5040 fixed, and 1400 units were produced. the direct labor standard is 2 hours per unit produced. the total overhead variance is
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The predetermined overhead rate for concord corporation is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Describe the indifference curves associated with two goods that are perfect substitutes. (1) The indifference curves for two goods that are perfect substitutes ...
Answers (1)
Ou open a business selling art supplies and lessons. In your first month, you had the following total sales: $4,000 in paint, $2,000 in brushes, $1,500 in easels, and $1,750 in canvas.
Answers (1)
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a customer uses a credit card to pay McGregor $200 for services provided, McGregor would: A. Debit Cash for $200. B.
Answers (1)
Suppose you live in a community with no price controls. What do you expect will happen if your town borders a community where there is a binding price ceiling on most products? a.
Answers (1)
Abby Cleaning Services planned to provide cleaning services to 50 customers for $30 per hour during the month. Each job was expected to take 4 hours. The company actually served 5 less customers than expected and spent an average on each job of 4.
Answers (1)
New Questions in Business
The fda regulations governing disclosure of individual cois require:
Answers (1)
Randolph is a 30% partner in the RD Partnership. On January 1, RD distributes $26,000 cash to Randolph in complete liquidation of his interest. RD has only capital assets and no liabilities at the date of the distribution.
Answers (1)
Forty-five percent of the labor force in Armenia is involved in the agricultural sector, but the economic growth in the nation comes from industry and tourism. What type of unemployment would such a mismatch of ability and job requirements cause?
Answers (1)
Amanda has been keeping a public blog about her time spent as a foreign exchange student. She allows for people to comment and share what they think about her experiences.
Answers (1)
Is electricity a scarce resource
Answers (2)