can you please help me with 1c. variable overhead efficiency variance. thanks
Variable overhead efficiency variance = SR*(AH-SH) = 3.60*(2100-1800) = 1080 = $1080 U
SH = 6000*0.3 = 1800
can you please help me with 1c. variable overhead efficiency variance. thanks Miller Toy Company manufactures...
Problem 9-18 Comprehensive Variance Analysis Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual Sales (4,000 pools) $ 180,000 $ 180,000 Variable expenses: Variable cost of goods sold* 37,720 49,210 Variable selling expenses 15,000 15,000 Total variable expenses 52,720 64,210 Contribution margin 127,280 115,790 Fixed expenses: Manufacturing overhead 51,000 51,000 Selling and administrative 66,000 66,000 Total fixed...
Problem 9-18 Comprehensive Variance Analysis Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual Sales (4,000 pools) $ 180,000 $ 180,000 Variable expenses: Variable cost of goods sold* 37,720 49,210 Variable selling expenses 15,000 15,000 Total variable expenses 52,720 64,210 Contribution margin 127,280 115,790 Fixed expenses: Manufacturing overhead 51,000 51,000 Selling and administrative 66,000 66,000 Total fixed...
Check my work Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Actual Budget $ 275,000 $275,000 ints Sales (4,000 pools) Variable expenses: Variable cost of goods sold* Variable selling expenses Total variable expenses Contribution margin Fixed expenses: Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss) 74,720 27,000 101,720 173,280 90,040 27,000 117,040 157,960 eBook 68,200...
please answer the required 1-2, thank you! Check my work Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual Sales (7,000 pools) Variable expenses Variable cost of goods sold Variable selling expenses Total variable expenses Contribution margin Fixed expenses Manufacturing overhead Selling and administrative Total fixed expenses $235,000 $235,000 78,540 96,420 18,000 18,000 114,420 120,580 96,540 138,460 54,000...
Problem 9-18 Comprehensive Variance Analysis [LO9-4, LO9-5, LO9-6] Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual Sales (7,000 pools) $ 310,000 $ 310,000 Variable expenses: Variable cost of goods sold* 110,810 131,685 Variable selling expenses 25,000 25,000 Total variable expenses 135,810 156,685 Contribution margin 174,190 153,315 Fixed expenses: Manufacturing overhead 66,000 66,000 Selling and administrative 91,000 91,000...
Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual $ 235,000 $ 235,000 Sales (7,000 pools) Variable expenses: Variable cost of goods sold* Variable selling expenses Total variable expenses Contribution margin Fixed expenses: Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss) 78,540 18,000 96,540 138,460 96,420 18,000 114,420 120,580 54,000 69,000 123,000 15,460 $...
Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Actual Budget $ 225,000 $225,000 Sales (3,000 pools) Variable expenses: Variable cost of goods sold* Variable selling expenses Total variable expenses Contribution margin Fixed expenses: Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss) 44,520 21,000 65,520 159,480 56,975 21,000 77,975 147,025 62,000 87,000 149,000 10,480 $ 62,000...
NEED HELP ASAP PLEASE Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget Actual $ 179,000 $ 179,000 Sales (3,000 pools) Variable expenses: Variable cost of goods sold* Variable selling expenses Total variable expenses Contribution margin Fixed expenses: Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss) 33,390 11,000 44,390 134,610 44,540 11,000 55,540 123,460 50,000...
Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below Flexible Budget Actual Sales (15,000 pools) Variable expenses $ 675,000 S 675000 Variable cost of goods sold 435,000 461,890 20,000 Variable selling expenses Total variable expenses Contribution margin Fixed expenses 455.000 481,890 220,000 193,110 130,000 130.000 84.000 84,000 214.000 214,000 Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss)...
Problem 10-15 Comprehensive Variance Analysis (L010-1, LO10-2, LO10-3] Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Actual Budget $ 210,000 $ 210,000 Sales (4,000 pools) Variable expenses: Variable cost of goods sold* Variable selling expenses Total variable expenses Contribution margin Fixed expenses: Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss) 50,680 12,000 62,680 147,320 63,710...