Overhead controllable variance = actual overhead expenses - budgeted overhead expenses = (39270+14030) - (41250+13750) = 1700 (favourable)
Standard overhead rate = 10 (7.5+2.5)
Budgeted production = 5500 units
actual production = 14030/2.5 = 5612
Overhead volum variance = (actual production - budgeted prodution)*standard cost = (5612-5500)*2.5 = 280 (unfavourable)
Question 3 View Policies Current Attempt in Progress Roger Corporation manufactures a single product. The standard...
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Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—3 pound plastic at $7.00 per pound $ 21.00 Direct labor—1.0 hours at $12.00 per hour 12.00 Variable manufacturing overhead 7.00 Fixed manufacturing overhead 7.00 Total standard cost per unit $47.00 The predetermined manufacturing overhead rate is $14 per direct labor hour ($14.00 ÷ 1.0). It was computed from a master manufacturing overhead budget based on normal production of 5,400 direct labor hours...
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P24.1A (LO 2, 3), AP Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials--1 pound plastic at $7.00 per pound Direct labor-1.6 hours at $12.00 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 19.20 12.00 4.00 $42.20 The predetermined manufacturing overhead rate is $10 per direct labor hour ($16.00 + 1.6). It was com- puted from a master manufacturing overhead budget based on normal...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—3 pound plastic at $6.00 per pound $ 18.00 Direct labor—1.5 hours at $11.00 per hour 16.50 Variable manufacturing overhead 10.50 Fixed manufacturing overhead 7.50 Total standard cost per unit $52.50 The predetermined manufacturing overhead rate is $12 per direct labor hour ($18.00 ÷ 1.5). It was computed from a master manufacturing overhead budget based on normal production of 7,800 direct labor hours...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $6.00 per pound $ 6.00 Direct labor—2.0 hours at $11.85 per hour 23.70 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 12.00 Total standard cost per unit $53.70 The predetermined manufacturing overhead rate is $12.00 per direct labor hour ($24.00 ÷ 2.0). It was computed from a master manufacturing overhead budget based on normal production of 11,800 direct labor hours...
Question 3 Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $6.00 per pound Direct labor-0.5 hours at $11.90 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 6.00 5.95 3.00 5.00 $19.95 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($8.00 – 0.5). It was computed from a master manufacturing overhead budget based on bor hours (5,200 units) for the...
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Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $6.00 per pound $ 6.00 Direct labor—2.0 hours at $11.85 per hour 23.70 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 12.00 Total standard cost per unit $53.70 The predetermined manufacturing overhead rate is $12.00 per direct labor hour ($24.00 ÷ 2.0). It was computed from a master manufacturing overhead budget based on normal production of 11,800 direct labor hours...
Question 9 Sheridan Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $7.00 per pound $ 7.00 Direct labor—1.5 hours at $11.10 per hour 16.65 Variable manufacturing overhead 9.00 Fixed manufacturing overhead 9.00 Total standard cost per unit $41.65 The predetermined manufacturing overhead rate is $12.00 per direct labor hour ($18.00 ÷ 1.5). It was computed from a master manufacturing overhead budget based on normal production of 9,000 direct...