149.Tucker Company produced 8,900 units of product that required 3.25 standard hours per unit. The standard variableoverhead cost per unit is $4.00 per hour. The actual variable factory overhead was $111,000.
Determine the variable factory overhead controllable variance.
150.Titus Company produced 8,900 units of a product that required 3.25 standard hours per unit. The standard fixedoverhead cost per unit is $1.20 per hour at 29,000 hours, which is 100% of normal capacity.
Determine the fixed factory overhead volume variance.
151.Greyson Company produced 8,300 units of product that required 4.25 standard hours per unit. Determine thestandard fixed overhead cost per unit at 27,000 hours, which is 100% of normal capacity, if the favorable fixedfactory overhead volume variance is $14,895.
152.The following information relates to manufacturing overhead for the Chapman Company:
Standards:
Total fixed factory overhead – $450,000
Estimated production – 25,000 units (100% of normal capacity)
Overhead rates are based on machine hours
Standard hours allowed per unit produced – 2
Fixed overhead rate – $9.00 per machine hour
Variable overhead rate – $3.50 per hour
Actual:
Fixed factory overhead – $450,000
Production – 24,000 units
Variable overhead – $170,000
Compute (a) the fixed factory overhead volume variance, (b) the variable factory overhead controllable variance,and (c) the total factory overhead cost variance.