Bugs Be Gone Company manufactures a product effective in controlling beetles.The company uses a standard cost system and a flexible budget.Standard cost of a gallon is as follows:
The flexible budget system provides for $50,000 of fixed overhead at normal capacity of 10,000 direct labor hours.Variable overhead is projected at $1 per direct labor hour.
Actual results for the period indicated the following:
Required:

Question

Bugs Be Gone Company manufactures a product effective in controlling beetles.The company uses a standard cost system and a flexible budget.Standard cost of a gallon is as follows:
  The flexible budget system provides for $50,000 of fixed overhead at normal capacity of 10,000 direct labor hours.Variable overhead is projected at $1 per direct labor hour.
Actual results for the period indicated the following:
  Required:

Quizplus · Accepted Answer

The Answer of Bugs Be Gone Company manufactures a product effective in controlling beetles.The company uses a standard cost system and a flexible budget.Standard cost of a gallon is as follows:
  The flexible budget system provides for $50,000 of fixed overhead at normal capacity of 10,000 direct labor hours.Variable overhead is projected at $1 per direct labor hour.
Actual results for the period indicated the following:
  Required:

Bugs Be Gone Company Manufactures a Product Effective in Controlling