acc407 study appendix 13 consider the following data regarding factory overhead 491725
Acc561 Introduction to Management Accounting
13-49 Variances
Study Appendix 13. Consider the following data regarding factory overhead:
|
Variable |
Fixed |
|
|
Budget for actual hours of input |
45,000 |
70,000 |
|
Applied |
41,000 |
64,800 |
|
Budget for standard hours allowed for actual output achieved |
41,000 |
70,000 |
|
Actual incurred |
48,500 |
68,500 |
Using the above data, fill in the following blanks with the variance amounts. Use F for favorable or U for unfavorable for each variance.
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