Solution-What normal capacity was used to determine fixed

What normal capacity was used to determine fixed overhead

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Question 1: South Company has total budgeted fixed costs of P75,000, Actual production of 19,500 units resulted in a P3,000 favorable volume variance. What normal capacity was used to determine the fixed overhead rate?

Question 2: CTV Company has a standard fixed cost of P6 per unit. At an actualproduction of 8,000 units a favorable volume variance of P12,000 resulted.What were total budgeted fixed costs?

Reference no: EM132596329

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What normal capacity was used to determine fixed overhead

Reference no: EM132596329

Reference no: EM132596329

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