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An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank. Alternative Computation of Overhead Variances:
a. Controllable variance:
Actual variable factory overhead
Standard variable factory overhead Actual costs Applied costs
at actual production: Balance
Standard hours at actual production
Variable factory overhead rate
Standard variable factory overhead
Controllable variance⎯ Actual Factory Applied Factory
Overhead Overhead
b. Volume variance: Variable cost
Volume at 100% of normal capacity Fixed cost
Less standard hours Total
Idle capacity
Fixed overhead rate
Volume variance⎯
Controllable Volume
Total factory overhead cost variance⎯
Variance Variance
Total Factory
Overhead
Cost Variance
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Instructions
Exercise 22(7)-17
Name:
Section:
Score:
Factory Overhead
Budgeted Factory Overhead
for Amount Produced
0%
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank. Alternative Computation of Overhead Variances:
a. Controllable variance:
Actual variable factory overhead 542,000$
Standard variable factory overhead Actual costs 782,000 777,000 Applied costs
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
Factory Overhead
Exercise 22-17
Name:
Solution
Section:
