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Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $10,600 and...
Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $24,600 and...
Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $24,600 and budgeted production of 30,000 units. Actual results for the month of October reveal that Cholla produced 28,000 units and spent $23,250 on fixed manufacturing overhead costs. Calculate Cholla's fixed overhead rate and the fixed overhead volume variance. (Round "Fixed Overhead Rate" to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) per Fixed Overhead Rate Unit...
10. Lihue, Inc., applies fixed overhead at the rate of $3.70 per unit. Budgeted fixed overhead...
10. Lihue, Inc., applies fixed overhead at the rate of $3.70 per unit. Budgeted fixed overhead was $1,295,370. This month 342,600 units were produced, and actual overhead was $1,275,000. Required: a. What are the fixed overhead price and production volume variances for Lihue?(Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) b. What was budgeted production for the month? (Do not round intermediate calculations.) 11....
Norwall Company's budgeted variable manufacturing overhead cost is $1.25 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.25 per machine-hour and its budgeted fixed manufacturing overhead is $93,312 per month The following information is available for a recent month: a. The denominator activity of 25,920 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 25,920 machine-hours, the company should produce 9,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
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 $85,347 per month. The following information is available for a recent month: a. The denominator activity of 29,430 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 29,430 machine-hours, the company should produce 10,900 units of product. c. The company's actual operating results were: Number of units produced 11,840 30,430 $ 45,645 $ 84,800 Actual machine-hours...
Haines Manufacturing Company (HMC) bases its fixed overhead rate on practical capacity of 38,000 units per...
Haines Manufacturing Company (HMC) bases its fixed overhead rate on practical capacity of 38,000 units per year. Budgeted and actual results for the most recent year follow: Budgeted Actual Fixed Manufacturing Overhead $912,000 $864,000 Number of Units Produced 28,000 30,000 Calculate the total over-or underapplied fixed manufacturing overhead. (Indicate the effect of each variance by selecting "F" for favorable/overapplied and "U" for unfavorable/underapplied.) Fixed Overhead $ U
Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing overhead is $77,350 per month. The following information is available for a recent month: a. The denominator activity of 22,750 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 22,750 machine-hours, the company should produce 9,100 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
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...
Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing overhead is $87,000 per month. The following information is available for a recent month: a. The denominator activity of 34,800 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 34,800 machine-hours, the company should produce 12,000 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Norwall Company's budgeted variable manufacturing overhead cost is $1.20 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.20 per machine-hour and its budgeted fixed manufacturing overhead is $105,966 per month. The following information is available for a recent month: a. The denominator activity of 33,640 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 33,640 machine-hours, the company should produce 11,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Norwall Company's budgeted variable manufacturing overhead cost is $1.80 per machine-hour and its budgeted fixed manufacturing...
Norwall Company's budgeted variable manufacturing overhead cost is $1.80 per machine-hour and its budgeted fixed manufacturing overhead is $54,868 per month. The following information is available for a recent month: a. The denominator activity of 25,520 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 25,520 machine-hours, the company should produce 11,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $24,600 and budgeted production of 30,000 units. Actual results for the month of October reveal that Cholla produced 28,000 units and spent $23,250 on fixed manufacturing overhead costs. Calculate Cholla's fixed overhead rate and the fixed overhead volume variance. (Round "Fixed Overhead Rate" to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) per Fixed Overhead Rate Unit...
Norwall Company's budgeted variable manufacturing overhead cost is $1.25 per machine-hour and its budgeted fixed manufacturing overhead is $93,312 per month The following information is available for a recent month: a. The denominator activity of 25,920 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 25,920 machine-hours, the company should produce 9,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing overhead is $85,347 per month. The following information is available for a recent month: a. The denominator activity of 29,430 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 29,430 machine-hours, the company should produce 10,900 units of product. c. The company's actual operating results were: Number of units produced 11,840 30,430 $ 45,645 $ 84,800 Actual machine-hours...
Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing overhead is $77,350 per month. The following information is available for a recent month: a. The denominator activity of 22,750 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 22,750 machine-hours, the company should produce 9,100 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
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...
Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing overhead is $87,000 per month. The following information is available for a recent month: a. The denominator activity of 34,800 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 34,800 machine-hours, the company should produce 12,000 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Norwall Company's budgeted variable manufacturing overhead cost is $1.20 per machine-hour and its budgeted fixed manufacturing overhead is $105,966 per month. The following information is available for a recent month: a. The denominator activity of 33,640 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 33,640 machine-hours, the company should produce 11,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
Norwall Company's budgeted variable manufacturing overhead cost is $1.80 per machine-hour and its budgeted fixed manufacturing overhead is $54,868 per month. The following information is available for a recent month: a. The denominator activity of 25,520 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 25,520 machine-hours, the company should produce 11,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...
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