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Novosadov [1.4K]
3 years ago
11

A company's flexible budget for 44,000 units of production showed variable overhead costs of $57,200 and fixed overhead costs of

$60,000. The company incurred overhead costs of $105,640 while operating at a volume of 36,000 units. The total controllable cost variance is:
Business
1 answer:
dalvyx [7]3 years ago
8 0

Answer:

$1,160 Favorable

Explanation:

The computation of total controllable cost variance is shown below:-

Budgeted variable cost for 36,000 units = $57,200 × 36,000 ÷ $44,000

= $46,800

Total budgeted cost for 36,000 units = $46,800 + $60,000

= $106,800

Controllable Variance = Actual Overhead - Budgeted Overhead

= $105,640 - $106,800

= $1,160 Favorable

Therefore, for computing the controllable variance we simply deduct the budgeted overhead from actual overhead.

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