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The following information is available for the Danske Company: Denominator hours for May Actual hours worked...
favorable or unforvable ? The following information is available for the Danske Company: Denominator hours for...
favorable or unforvable ?
The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 18,500 19,600 14,800 $115,000 $118,000 Danske Company had total underapplied overhead of $17,800. Additional information is as follows: 40, 800 Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours Fixed Overhead: Applied based on...
The following information is available for the Danske Company: Denominator hours for May 21,500 Actual hours...
The following information is available for the Danske Company: Denominator hours for May 21,500 Actual hours worked during May 19,200 Standard hours allowed for May 14,600 Flexible budget fixed overhead cost $ 64,500 Actual fixed overhead costs for May $ 68,800 Danske Company had total underapplied overhead of $21,500. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed $ 55,000 Budgeted based on standard direct labor hours 44,500 Fixed Overhead: Applied based on standard...
Denominator hours for May 25,000 Actual hours worked during May 22,000 Standard hours allowed for May...
Denominator hours for May 25,000 Actual hours worked during May 22,000 Standard hours allowed for May 16,000 Flexible budget fixed overhead cost $ 75,000 Actual fixed overhead costs for May $ 80,000 What is the fixed overhead spending (budget) variance for May?
The following information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours...
The following information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs 1,030 1,090 1,850 $7,600 $7, 400 %24 Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) Is the fixed overhead price (spending) variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable < Prev 23 of 34 Next >
Required information The following Information applies to the questions displayed below] Sedona Company set the following...
Required information The following Information applies to the questions displayed below] Sedona Company set the following standard costs for one unlt of Its product for 2017 Direct aterial (20 Ibs. $3.30 per Ib. Direct labor (15 hrs. $6.00 per hr.) Eactory variable overhead (15 hrs. $2.80 per hr.) Factory fixed overhead (15 hs $1.20 per hr.) Standard cost 66.00 90.00 42.00 1B.00 $216.00 The $400 ($280-$120) total overhead rate per direct labor hour is based on an expected operating level...
Required information Use the following information for the Problems below. The following information applies to the q...
Required information Use the following information for the Problems below. The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5. 10 per Ib.) Direct labor (4 hrs. @$15 per hr.) Factory overhead-variable (4 hrs $6 per hr.) Factory overhead- fixed (4 hrs. Q $11 per hr. ) 153, 00 60, 00 24. 00 44, 00 281. 00 Total standard cost The predetermined overhead rate...
The Thanksgiving Costume Factory used budgeted activity as its denominator level for 2018. The company measures...
The Thanksgiving Costume Factory used budgeted activity as its denominator level for 2018. The company measures its direct materials usage in pounds. The production cost variances for 2018 are as follows: Direct Material Price Variance: $12,000 U Variable Overhead Rate Variance: $8,000 F Direct Material Quantity Variance: $ 7.000 F Variable Overhead Efficiency Variance: $9,000 F Direct Labor Rate Variance: $ 4,000 F Fixed Overhead Budget Variance: $4.000U Direct Labor Efficiency Variance $13,000 U Fixed Overhead Volume Variance $6,000F For...
Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: Actual direct labor hours (DLHs) worked 14,000 Standard DLHs allowed for good...
Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: Actual direct labor hours (DLHs) worked 14,000 Standard DLHs allowed for good output produced this period 19,000 Actual total factory overhead costs incurred $ 38,400 Budgeted fixed factory overhead costs $ 10,300 Denominator activity level, in direct labor hours (DLHs) 13,000 Total factory overhead application rate per standard DLH $ 2.70 The fixed overhead production volume variance in April for Neptune, Inc.,...
The following information is available from the Terry Company: Actual total factory overhead cost incurred $...
The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 37,000 Actual fixed overhead cost incurred $ 11,200 Budgeted fixed overhead expenses $ 21,000 Actual direct labor hours (DLH) worked 5,300 Standard DLHs for this period’s production (output) 4,800 Standard variable overhead rate per DLH $ 3.00 Standard fixed overhead rate per DLH $ 2.50 What is the total overhead spending variance for Terry Company for the period, to the nearest whole dollar? $100...
A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the...
A manufacturing company has a
standard costing system based on standard direct labor-hours (DLHs)
as the measure of activity. Data from the company's flexible budget
for manufacturing overhead are given below:
A manufacturing company has a standard costing system based on standard direct labor-hours (DLHS) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: 6,800 DLHS Denominator level of activity Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead...
favorable or unforvable ?
The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 18,500 19,600 14,800 $115,000 $118,000 Danske Company had total underapplied overhead of $17,800. Additional information is as follows: 40, 800 Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours Fixed Overhead: Applied based on...
The following information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs 1,030 1,090 1,850 $7,600 $7, 400 %24 Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) Is the fixed overhead price (spending) variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable < Prev 23 of 34 Next >
Required information The following Information applies to the questions displayed below] Sedona Company set the following standard costs for one unlt of Its product for 2017 Direct aterial (20 Ibs. $3.30 per Ib. Direct labor (15 hrs. $6.00 per hr.) Eactory variable overhead (15 hrs. $2.80 per hr.) Factory fixed overhead (15 hs $1.20 per hr.) Standard cost 66.00 90.00 42.00 1B.00 $216.00 The $400 ($280-$120) total overhead rate per direct labor hour is based on an expected operating level...
Required information Use the following information for the Problems below. The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5. 10 per Ib.) Direct labor (4 hrs. @$15 per hr.) Factory overhead-variable (4 hrs $6 per hr.) Factory overhead- fixed (4 hrs. Q $11 per hr. ) 153, 00 60, 00 24. 00 44, 00 281. 00 Total standard cost The predetermined overhead rate...
The Thanksgiving Costume Factory used budgeted activity as its denominator level for 2018. The company measures its direct materials usage in pounds. The production cost variances for 2018 are as follows: Direct Material Price Variance: $12,000 U Variable Overhead Rate Variance: $8,000 F Direct Material Quantity Variance: $ 7.000 F Variable Overhead Efficiency Variance: $9,000 F Direct Labor Rate Variance: $ 4,000 F Fixed Overhead Budget Variance: $4.000U Direct Labor Efficiency Variance $13,000 U Fixed Overhead Volume Variance $6,000F For...
A manufacturing company has a
standard costing system based on standard direct labor-hours (DLHs)
as the measure of activity. Data from the company's flexible budget
for manufacturing overhead are given below:
A manufacturing company has a standard costing system based on standard direct labor-hours (DLHS) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: 6,800 DLHS Denominator level of activity Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead...
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