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:
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: Actual direct labor hours ...” 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.
Home » Business » 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