Business, 17.12.2019 06:31 kcceff4085

The data below relate to the month of april for monroe, inc., which uses a standard cost system and a two-variance analysis of factory overhead:

actual direct labor hours used

16,500

standard direct labor hours allowed

16,250

actual total factory overhead

$53,200

budgeted fixed factory overhead

$12,000

budgeted activity in hours

16,000

total overhead application rate per standard direct labor hour

$3.25

variable overhead application rate per standard direct labor hour

$2.50

what was monroe's production-volume variance for april?

a.

$187.50 favorable

b.

$187.50 unfavorable

c.

$437.50 favorable

d.

$437.50 unfavorable

Answers: 2

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The data below relate to the month of april for monroe, inc., which uses a standard cost system and...

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