Ecocomfort Corporation manufactured 3000 coolers during October. The following variable overhead data relates to October: Calculate...
Ecocomfort Corporation manufactured 3000 coolers during October. The following variable overhead data relates to October:
Calculate the variable overhead flexible-budget variance.
| Variable overhead spending variance | $ 1280 unfavorable |
| Variable overhead efficiency variance | $192 unfavorable |
| Budgeted machine hours allowed for actual output | 607 machine hours |
| Actual cost per machine hour | $26 |
| Budgeted cost per machine hour | $24 |
Homework Answers
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| Variable overhead flexible - budget variance | = | Variable overhead Spending variance + Variable overhead efficiency variance | |
| = | $1280 unfavorable + $192 unfavorable | ||
| = | $ 1,472 | unfavorable | |
| Therefore, | |||
| Variable overhead flexible - budget variance | = | $ 1,472 | unfavorable |
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Ecocomfort Corporation manufactured 3000 coolers during October.
The following variable overhead data relates to October:
Calculate...
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Alden Company uses a three-variance analysis for factory overhead variances. Practical capacity is defined as 28...
Alden Company uses a three-variance analysis for factory
overhead variances. Practical capacity is defined as 28 setups and
28,000 machine hours to manufacture 5,600 units for the year.
Selected data for 2019 follow:
Budgeted fixed factory overhead:
Setup cost
$
84,000
Other
186,000
$
270,000
Total factory overhead cost incurred
$
490,000
Variable factory overhead rate:
Per setup
$
850
Per machine hour
$
5.00
Total standard machine hours allowed for the units
manufactured
25,000
hours
Machine hours actually worked...
Alden Company uses a three-variance analysis for factory overhead variances. Practical capacity is defined as 34...
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Alden Company uses a three-variance analysis for factory overhead variances. Practical capacity is defined as 40...
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Alden Company uses a three-variance analysis for factory
overhead variances. Practical capacity is defined as 28 setups and
28,000 machine hours to manufacture 5,600 units for the year.
Selected data for 2019 follow:
Budgeted fixed factory overhead:
Setup cost
$
84,000
Other
186,000
$
270,000
Total factory overhead cost incurred
$
490,000
Variable factory overhead rate:
Per setup
$
850
Per machine hour
$
5.00
Total standard machine hours allowed for the units
manufactured
25,000
hours
Machine hours actually worked...
Alden Company uses a three-variance analysis for factory overhead variances. Practical capacity is defined as 32 setups and 32,000 machine hours to manufacture 6,400 units for the year. Selected data for 2019 follow: $ 102,400 174,000 $276,400 $496,000 Budgeted fixed factory overhead: Setup cost Other Total factory overhead cost incurred Variable factory overhead rate: Per setup Per machine hour Total standard machine hours allowed for the units manufactured Machine hours actually worked Actual total number of setups Actual number of...
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