October 9, 2015

Homework Help: managerial accounting

Posted by natasha on Monday, August 10, 2009 at 2:26pm.

The Joyner Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual variable overhead was $170,000. Actual production was 11,700 units.

Compute the factory overhead controllable variance.

A. 9,000F
B. 9,000U
C. 5,500F
D. 5,500U

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