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Figure 17-6 -Refer to Figure 17-6

question 69

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Figure 17-6  Budgeted fixed overhead for the year £300,000 Budgeted direct labour hours for the year 30,000 Actual fixed overhead for August £24,000 Actual variable overhead for August £10,000 Direct labour hours worked in August 2,600 Standard variable overhead cost per direct labour hour £4 Standard direct labour hours allowed for August production 2,750\begin{array}{lr}\text { Budgeted fixed overhead for the year } & £ 300,000 \\\text { Budgeted direct labour hours for the year } & 30,000 \\\text { Actual fixed overhead for August } & £ 24,000 \\\text { Actual variable overhead for August } & £ 10,000 \\\text { Direct labour hours worked in August } & 2,600 \\\text { Standard variable overhead cost per direct labour hour } & £ 4 \\\text { Standard direct labour hours allowed for August production } & 2,750\end{array}
-Refer to Figure 17-6. The fixed overhead spending variance would be


Definitions:

Direct Order

A clear, unequivocal command or instruction given, usually in a context where obedience is expected.

Minutes

Official written record of the discussions and decisions made by a committee, board, or other group during a meeting.

Written Record

Documentation created to capture and preserve information, events, or decisions.

Group's Activities

Actions or tasks undertaken by a group of people working together towards a common goal.

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