Homework Answers
Correct answer----------$178 F
Working
| Variable Overhead Rate Variance | ||||||
| ( | Standard Rate | - | Actual Rate | ) | x | Actual Labor Hours |
| ( | $ 3.00 | - | $ 2.90 | ) | x | 1780 |
| $ 178.00 | ||||||
| Variance | $ 178.00 | Favourable-F | ||||
Add Answer to:
Standard Quantity or Standard Cost Per Unit Direct materials Direct labor Variable overhead 3.3 liters 2.5...
Hurren Corporation makes a product with the following standard costs! Direct materials Direct labor Variable overhead...
Hurren Corporation makes a product with the following standard costs! Direct materials Direct labor Variable overhead Standard Quantity of Standard Price or Hours Rate 3.5 grams $7.00 per gram 1.0 hours $10.00 per hour 10 hours $7.00 per hour Standard Cost Per Unit $24.50 $10.00 $7.00 The company reported the following results concerning this product in J Originally budgeted output 1 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials...
Reagen Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhea...
Reagen Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.7 liters 0.3 hours 0.3 hours Standard Price or Rate $5.00 per liter $21.00 per hour $7.00 per hour The company reported the following results concerning this product in December. 7,700 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 26,880 2,270...
Miguez Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price...
Miguez Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 2.3 liters $ 7.00 per liter $ 16.10 Direct labor 0.7 hours $ 22.00 per hour $ 15.40 Variable overhead 0.7 hours $ 2.00 per hour $ 1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours...
Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Standard Quantity or Hours...
Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Standard Quantity or Hours 2.50 ounces 0.50 hours 0.50 hours Standard Price or Rate $28.00 per ounce $13.00 per hour $ 3.60 per hour Standard Cost $ 70.00 6.50 1.80 $ 78.30 For the month of August, Yankee Distilling recorded the following activity related to the production of Ripit: a. Materials purchased, 13,500 ounces at a cost of $361,800. b. There was no beginning inventory of materials; however,...
Milar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhe...
Milar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 pounds 8.6 hours 2.6 hours Standard Price or Rate $ 7.00 per pound $14.ee per hour $ 6.00 per hour In January the company produced 4.600 units using 10,120 pounds of the direct material and 2100 direct labor-hours. During the month, the company purchased 10,690 pounds of the direct material at a cost of $76,570. The actual direct labor...
Mlar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...
Mlar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 12.5 pounds 0.8 hours 0.8 hours Standard Price or Rate $12.00 per pound $37.00 per hour $17.50 per hour In January the company produced 3.480 units using 13,920 pounds of the direct material and 2,904 direct labor hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $14,680. The actual direct labor cost...
Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...
Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit 6.4 ounces $ 3.00 per ounce $19.20 0.4 hours $13.00 per hour $ 5.20 0.4 hours $ 5.00 per hour $ 2.00 The company reported the following results concerning this product in February. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price...
Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...
Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 8.7 kilos 0.6 hours 0.6 hours Standard Price or Rate $ 6.20 per kilo $22.00 per hour $ 6.20 per hour The company reported the following results concerning this product in August. Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost...
Landram Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...
Landram Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 kilos 1.7 hours 1.7 hours Standard Price or Rate $7.00 per kilo $13.00 per hour $7.00 per hour in March the company produced 4.700 units using 10,350 kilos of the direct material and 2,330 directllabor- hours. During the month, the company purchased 10,920 kilos of the direct material at a cost of $76,800. The actual direct labor cost was...
Inputs Standard Quantity/Hours per unit of output Standard price or rate direct materials 6.7 grams $7.80...
Inputs Standard Quantity/Hours per unit of output Standard price or rate direct materials 6.7 grams $7.80 per gram direct labor .20 hours $19 per hour variable manufacturing overhead .2 hours $8.30 per hour the company has reported the following actual results for the product for August Actual output 6,300 units raw materials purchased 48,100 grams actual price of raw materials $7 per gram raw materials used in production 42,200 actual direct labor hours 1,350 hours actual direct labor rate $20.10...
Hurren Corporation makes a product with the following standard costs! Direct materials Direct labor Variable overhead Standard Quantity of Standard Price or Hours Rate 3.5 grams $7.00 per gram 1.0 hours $10.00 per hour 10 hours $7.00 per hour Standard Cost Per Unit $24.50 $10.00 $7.00 The company reported the following results concerning this product in J Originally budgeted output 1 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials...
Reagen Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.7 liters 0.3 hours 0.3 hours Standard Price or Rate $5.00 per liter $21.00 per hour $7.00 per hour The company reported the following results concerning this product in December. 7,700 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 26,880 2,270...
Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Standard Quantity or Hours 2.50 ounces 0.50 hours 0.50 hours Standard Price or Rate $28.00 per ounce $13.00 per hour $ 3.60 per hour Standard Cost $ 70.00 6.50 1.80 $ 78.30 For the month of August, Yankee Distilling recorded the following activity related to the production of Ripit: a. Materials purchased, 13,500 ounces at a cost of $361,800. b. There was no beginning inventory of materials; however,...
Milar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 pounds 8.6 hours 2.6 hours Standard Price or Rate $ 7.00 per pound $14.ee per hour $ 6.00 per hour In January the company produced 4.600 units using 10,120 pounds of the direct material and 2100 direct labor-hours. During the month, the company purchased 10,690 pounds of the direct material at a cost of $76,570. The actual direct labor...
Mlar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 12.5 pounds 0.8 hours 0.8 hours Standard Price or Rate $12.00 per pound $37.00 per hour $17.50 per hour In January the company produced 3.480 units using 13,920 pounds of the direct material and 2,904 direct labor hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $14,680. The actual direct labor cost...
Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit 6.4 ounces $ 3.00 per ounce $19.20 0.4 hours $13.00 per hour $ 5.20 0.4 hours $ 5.00 per hour $ 2.00 The company reported the following results concerning this product in February. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price...
Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 8.7 kilos 0.6 hours 0.6 hours Standard Price or Rate $ 6.20 per kilo $22.00 per hour $ 6.20 per hour The company reported the following results concerning this product in August. Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost...
Landram Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 kilos 1.7 hours 1.7 hours Standard Price or Rate $7.00 per kilo $13.00 per hour $7.00 per hour in March the company produced 4.700 units using 10,350 kilos of the direct material and 2,330 directllabor- hours. During the month, the company purchased 10,920 kilos of the direct material at a cost of $76,800. The actual direct labor cost was...
Most questions answered within 3 hours.
-
The Gross Profit ratio for 2014 is 57.07%
Assume that Campbell's net sales for the first...
asked 2 minutes ago -
You have conducted an experiment to try to demonstrate that
growth factor receptor X protein (GFRX)...
asked 2 minutes ago -
Thoroughly discuss the various current and proposed solutions to
anthropogenic influences resulting in Global Climate Change....
asked 6 minutes ago -
BLOG EXERCISE: You are writing a weekly intranet blog for the
CEO of a large Canadian...
asked 9 minutes ago -
calculate ΔGrxn at 36 ∘C. N2O4(g)→2NO2(g)
asked 9 minutes ago -
Present and Future Values of Single Cash Flows for Different
Periods
Find the following values, using...
asked 12 minutes ago -
Which types of mutations in DNA can lead to the translation of a
non-functional protein product?...
asked 11 minutes ago -
Many structures are composed of individual elements that react
in unison when forces are applied. the...
asked 12 minutes ago -
Work of 1950 J is done by stirring a perfectly insulated beaker
containing 75 g of...
asked 42 minutes ago -
The neighborhood kids set up an outdoor lemonade stand in
Maryland in June. They find that...
asked 44 minutes ago -
9. A company has a beginning inventory of 4,000 units. The
company estimates it will sell...
asked 57 minutes ago -
A patient goes to the doctor's office with symptoms of a urinary
tract infection and provides...
asked 59 minutes ago