2. Given:
Actual Fixed Overhead Cost $510,000
Flexible Budget Fixed Overhead Cost $500,000
Standard Hours 25,000
Total Variance $ 68,000U
Required:
A) Fixed portion of the predetermined overhead rate
B) Budget variance
C) Volume variance
D) Fixed overhead cost applied to work in process
i am having a tough time trying to figure out how to get the fixed portion of the predetermined overhead rate, the volume variance, and the fixed over head cost applied to work in process. due date is July 22
Actual Fixed Overhead Cost $510,000
Flexible Budget Fixed Overhead Cost $500,000
Standard Hours 25,000
Total Variance $ 68,000U
Required:
A) Fixed portion of the predetermined overhead rate
B) Budget variance
C) Volume variance
D) Fixed overhead cost applied to work in process
i am having a tough time trying to figure out how to get the fixed portion of the predetermined overhead rate, the volume variance, and the fixed over head cost applied to work in process. due date is July 22
