Homework Answers
1. Total variable and Fixed overhead budget variance = Standard cost - actual cost
= (6500*9.10 + 70000) - (66720+72000)
= $9570 Unfavorable
Add Answer to:
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products...
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs $ $ 7,800 10,720 7,990 10,070 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 15,610 14,900 59,970 $109,000 14,490 14,950 61,040 $108,540 The company based its original budget on 7,800 machine-hours. The company actually worked 7,760 machine-hours during the month. The standard hours...
Amirauit Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products...
Amirauit Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours ( M at $400 per MH During the month, the actual total variable manufacturing overhead was $18.040 and the actual level of activity for the period was 4100 MHs. What was the variable overhead rate variance for the month? Multiple Choice O $110 Favorable O 640 U vorable O $100 Favorite O $410 Unfavorable
Ch. 10 - Viger Corporation has a standard cost system in which it applies manufacturing overhead...
Ch. 10 - Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level 9100MHS of activity Actual level of 9300MHs activity Standard variable 7.80per MH manufacturing overhead rate Actual total variable manufacturing 69,920 overhead What was the variable overhead rate variance for the month? $1060 Favorable $2620 Favorable $1420 Favorable $1560 Unfavorable
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month appear below: Original Budget Actual Costs Fixed overhead cost: Supervision $4,680 $4,800 Utilities 6,120 5,820 Factory depreciation 21,240 20,720 Total fixed manufacturing overhead cost $32,040 $31,340 The company based its original budget on 3,600 machine-hours. The company actually worked 3,570 machine-hours during the month. The standard hours...
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below:...
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below: BudgetActual 778 3,900 720 Units produced Machine-hours 3,600 Variable MOH S 38,160 S39,800 or the month, the variable overhead efficiancy variance was closest to: 1,540 Favorable B. C. D. 3,180 Unfavorable 106 Unfavorable 102 Unfavorable E. None of the above. 20 Skie Inc produces a single product and uses a standard costing system applying manufacturing overhead based or allowed for actual output. At the...
Norwall Company’s budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing...
Norwall Company’s budgeted variable manufacturing overhead cost
is $1.30 per machine-hour and its budgeted fixed manufacturing
overhead is $30,624 per month.
The following information is available for a recent month:
The denominator activity of 9,570 machine-hours is used to
compute the predetermined overhead rate.
At a denominator activity of 9,570 machine-hours, the company
should produce 3,300 units of product.
The company’s actual operating results were:
Number of units produced
4,570
Actual machine-hours
10,090
Actual variable manufacturing overhead cost
$
14,630...
Primara Corporation has a standard cost system in which it applies overhead to products based on...
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted fixed overhead cost for the year Actual fixed overhead cost for the year Budgeted direct labor-hours (denominator level of activity) Actual direct labor-hours Standard direct labor-hours allowed for the actual output $ 473,600 $ 467,000 64,000 65,000 62,000 Required: 1. Compute the...
Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing overhead is $30,624 per month. The following information is available for a recent month: a. The denominator activity of 9,570 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 9,570 machine-hours, the company should produce 3,300 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on machine-hours (MHs). According to their standards, each unit of their most popular product requires 2 MHs For the most recent period: Budgeted Units Actual Units 1,600 units 1,586 units 3,400 MHs Actual MHs Budget Actual $ 45,200 FMOH $ 44,800 The FMOH volume variance for the period was closest to: $392.00 Unfavorable A. В. $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable C. D. Е. None...
24) Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and...
24) Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs Variable overhead costs: Supplies $ 7,980 $ 8,230 Indirect labor 29,820 29,610 Total variable manufacturing overhead cost $ 37,800 $ 37,840 The original budget was based on 4,200 machine-hours. The company actually worked 4,350 machine-hours during the month and the standard hours allowed for the actual output were 4,190 machine-hours....
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs $ $ 7,800 10,720 7,990 10,070 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 15,610 14,900 59,970 $109,000 14,490 14,950 61,040 $108,540 The company based its original budget on 7,800 machine-hours. The company actually worked 7,760 machine-hours during the month. The standard hours...
Amirauit Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours ( M at $400 per MH During the month, the actual total variable manufacturing overhead was $18.040 and the actual level of activity for the period was 4100 MHs. What was the variable overhead rate variance for the month? Multiple Choice O $110 Favorable O 640 U vorable O $100 Favorite O $410 Unfavorable
Ch. 10 - Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level 9100MHS of activity Actual level of 9300MHs activity Standard variable 7.80per MH manufacturing overhead rate Actual total variable manufacturing 69,920 overhead What was the variable overhead rate variance for the month? $1060 Favorable $2620 Favorable $1420 Favorable $1560 Unfavorable
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below: BudgetActual 778 3,900 720 Units produced Machine-hours 3,600 Variable MOH S 38,160 S39,800 or the month, the variable overhead efficiancy variance was closest to: 1,540 Favorable B. C. D. 3,180 Unfavorable 106 Unfavorable 102 Unfavorable E. None of the above. 20 Skie Inc produces a single product and uses a standard costing system applying manufacturing overhead based or allowed for actual output. At the...
Norwall Company’s budgeted variable manufacturing overhead cost
is $1.30 per machine-hour and its budgeted fixed manufacturing
overhead is $30,624 per month.
The following information is available for a recent month:
The denominator activity of 9,570 machine-hours is used to
compute the predetermined overhead rate.
At a denominator activity of 9,570 machine-hours, the company
should produce 3,300 units of product.
The company’s actual operating results were:
Number of units produced
4,570
Actual machine-hours
10,090
Actual variable manufacturing overhead cost
$
14,630...
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted fixed overhead cost for the year Actual fixed overhead cost for the year Budgeted direct labor-hours (denominator level of activity) Actual direct labor-hours Standard direct labor-hours allowed for the actual output $ 473,600 $ 467,000 64,000 65,000 62,000 Required: 1. Compute the...
Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing overhead is $30,624 per month. The following information is available for a recent month: a. The denominator activity of 9,570 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 9,570 machine-hours, the company should produce 3,300 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on machine-hours (MHs). According to their standards, each unit of their most popular product requires 2 MHs For the most recent period: Budgeted Units Actual Units 1,600 units 1,586 units 3,400 MHs Actual MHs Budget Actual $ 45,200 FMOH $ 44,800 The FMOH volume variance for the period was closest to: $392.00 Unfavorable A. В. $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable C. D. Е. None...
Most questions answered within 3 hours.
-
Please explain steps:
An 80 kg swimmer steps off a platform 10 m above the water...
asked 32 minutes ago -
A lottery exists where balls numbered 1 to 17 are placed in an
urn. To win,...
asked 35 minutes ago -
26) Briefly describe, using words or simple diagrams, the
chemiosmotic theory for coupling oxidation to phosphorylation...
asked 2 hours ago -
Suppose that XX is a random variable with mean 16 and standard
deviation 5 . Also...
asked 3 hours ago -
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 6 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 6 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 7 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 8 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 9 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 9 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 10 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 10 hours ago