The predetermined overhead rate is 6 per direct labor hour., Ask an Expert

Accounting

In October, Harry Company reports 21,000 actual direct labor hours, and it incurs $115,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,000 hours. The predetermined overhead rate is $6 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Compute the overhead controllable variance.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9404521

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