Raff Co. has a standard cost system in which factory overhead is applied to units of product on the basis of direct labor hours (DLH). The following standards are based on 100,000 direct labor hours:

Variable overhead 2DLHs @ $3 per DLH = $6 per unit
Fixed overhead 2 DLHs @ $4 per DLH = $8 per unit

The following information for March is available
Units actually produced 38,000
Actual direct labor hours worked 80,000
Actual manufacturing overhead incurred:
Variable overhead $250,000
Fixed overhead $384,000
15. What is the variable factory overhead controllable variance?
A. $6,000 favorable
B. $10,000 unfavorable
C. $12,000 unfavorable
D. $22,000 favorable

16. What is the fixed factory overhead volume variance?
A. $96,000 unfavorable
B. $96,000 favorable
C. $80,000 unfavorable
D. $80,000 favorable

Who did your homework before you found this board?

This is the first time I am reading accouting, so no one did!. u will be the frist one... thanks fr helping

You don't want people to help, you want them to do it for you. Please book an appointment with your teacher so that you can get some one-on-one tutoring for the parts you don't understand. Failing that, read your textbook and attend class.

This is a correspondence course... does your answer imply that you wnt do it fr me?

Quote:

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Originally Posted by shikha

this is a correspondence course.....does ur answer imply that u wnt do it fr me ?.

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See? You are smarter than you think!

Well thanks fr all the help then... thats all I can say...
This is my last sem, accounting we tried doing it on our own with some ref books but it didn't work, I searched the net and gt your site, I posted a question and gt a reply... still don't understand what's wrong in that ?
Regards

http://www.middlecity.com/ch20.shtml

Thanks!!