Vasquez Company provided you with the following data: Budgeted Fixed FOH costs P207,000; Actual FOH incurred P555,000; Variable FOH rate per direct labor hour P5: Fixed FOH rate per direct labor hour...


Vasquez Company provided<br>you with the following data:<br>Budgeted Fixed FOH costs<br>P207,000; Actual FOH<br>incurred P555,000; Variable<br>FOH rate per direct labor hour<br>P5: Fixed FOH rate per direct<br>labor hour P3; Standard direct<br>labor hours 68,000; Actual<br>direct labor hours used<br>70,000. What is the total<br>amount of idle capacity<br>variance? *<br>P2,000 Unfavorable<br>O P2,000 Favorable<br>P3,000 Unfavorable<br>P8,000 Unfavorable<br>None of the above<br>

Extracted text: Vasquez Company provided you with the following data: Budgeted Fixed FOH costs P207,000; Actual FOH incurred P555,000; Variable FOH rate per direct labor hour P5: Fixed FOH rate per direct labor hour P3; Standard direct labor hours 68,000; Actual direct labor hours used 70,000. What is the total amount of idle capacity variance? * P2,000 Unfavorable O P2,000 Favorable P3,000 Unfavorable P8,000 Unfavorable None of the above

Jun 11, 2022
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