McKenna Company manufactured 1,000 finished good units durin…
McKenna Company manufactured 1,000 finished good units during April with a total (fixed and variable) flexible overhead budget of $12,400. The allocation base for both fixed and variable overhead is labor hours. The accountant has been unable to complete the variance analysis report. Selected information is: Variable overhead: Standard cost per finished good unit: .4 labor hours at $4 per hourActual costs: $2,100 for 376 hoursWhat is the flexible budget for variable overhead?
Read Details