An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
Productive capacity for the month:
hours
Actual productive capacity used for the month: hours
Budget
(at Actual
Actual Production) Unfavorable (Favorable) Alternative Computation of Overhead Variances:
Variable factory overhead costs:
Indirect factory labor
Power and light Actual costs Applied costs
Indirect materials Balance
Total
Fixed factory overhead costs:
Supervisory salaries
Depreciation of plant and equip. Actual Factory Applied Factory
Insurance and property taxes Overhead Overhead
Total Variable cost
Total factory overhead cost Fixed cost
Total controllable variances Total
Net controllable variance⎯(favorable) unfavorable
Idle Hours
Volume variance⎯(fav.) unfav. Controllable Volume
Total factory overhead cost variance⎯(favorable) unfavorable Variance Variance
Total Factory
Overhead
Cost Variance
Supporting calculation:
Variable factory overhead rate:
Budgeted total variable cost
Budgeted hours
Variable factory overhead rate
Fixed factory overhead rate:
Total fixed costs
Productive capacity hours
Fixed factory overhead rate
Total
Exercise 23(9)-18
Name:
Section:
Score:
Key Code:
[Key code here]
0%
Fixed Factory OH Rate
Factory Overhead
Budgeted Factory Overhead
for Amount Produced
Tannin Products, Inc.
Factory Overhead Cost Variance Report⎯Trim Department
For the Month Ended July 31
Variances
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
Productive capacity for the month:
25,000 hours
Actual productive capacity used for the month: 22,000 hours
Budget
(at Actual
Actual Production) Unfavorable (Favorable) Alternative Computation of Overhead Variances:
Total Factory
Overhead
Cost Variance
Supporting calculation:
Budgeted total variable cost
Variable factory overhead rate
Productive capacity hours
Fixed factory overhead rate
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Instructions
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ON
Exercise 23(9)-18
Name:
Solution
Section:
Tannin Products, Inc.
Factory Overhead Cost Variance Report⎯Trim Department
For the Month Ended July 31
Variances