EFT Debits are processed in the evening. Intecon provides access to a service that gives the business or organisation the ability to verify the bank account details prior to loading the payment instruction.
Whereas the cost variances for direct materials, direct labor, and variable overhead all use the same two formulas, the cost variances for fixed overhead are different, and do not use these formulas at all.
$165,820 Manufacturing Overhead Budget May Budgeted direct labor-hours 8,600 Variable manufacturing overhead rate $9.40 Variable manufacturing overhead $80,840 Fixed manufacturing overhead 103,200 Total manufacturing overhead (a) $184,040 Less depreciation 18,220 Cash disbursement for manufacturing overhead $165,820.ourley Clinic uses client-visits as its measure of activity. $14 F Planning budget ($6,900 + $.20 Ã 4,150) $ 7,730 Flexible budget ($6,900 + $.20 Ã 4,080) 7,716 Activity variance $ 14 Because the flexible budget is less than the planning budget, the variance is favorable (F).