The following information was taken from the annual manufacturing overhead cost budget of Flint Company:
During the year, 15,000 units were produced, 32,000 hours were worked, and the actual manufacturing overhead costs were $190,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours.
Instructions
(a) Compute the total, fixed, and variable predetermined manufacturing overhead rates.
(b) Compute the total, controllable, and volume overhead variances.

Question

The following information was taken from the annual manufacturing overhead cost budget of Flint Company:  
During the year, 15,000 units were produced, 32,000 hours were worked, and the actual manufacturing overhead costs were $190,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours.
Instructions
(a) Compute the total, fixed, and variable predetermined manufacturing overhead rates.
(b) Compute the total, controllable, and volume overhead variances.

Quizplus · Accepted Answer

The Answer of The following information was taken from the annual manufacturing overhead cost budget of Flint Company:  
During the year, 15,000 units were produced, 32,000 hours were worked, and the actual manufacturing overhead costs were $190,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours.
Instructions
(a) Compute the total, fixed, and variable predetermined manufacturing overhead rates.
(b) Compute the total, controllable, and volume overhead variances.

The Following Information Was Taken from the Annual Manufacturing Overhead