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Sanders Industries produced 5,000 tables last month. The standard variable manufacturing overhead (MOH) rate used by...
Sanders Industries produced 4,500 tables last month. The standard variable manufacturing overhead (MOH) rate used by...
Sanders Industries produced 4,500 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $15 per machine hour. Each table requires 0.5 machine hours. Actual machine hours used last month were 2,300, and the actual variable MOH rate last month was $13.00 Requirements 1. Calculate the variable overhead rate variance 2. Calculate the variable overhead efficiency variance, Requirement 1. Calculate the variable overhead rate variance. Begin by determining the formula for the variable overhead rate...
Simmons Industries produced 2.500 tables last month. The standard variable manufacturing overhead (MOH) rate used by...
Simmons Industries produced 2.500 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $25 per machine hour. Each table requires 0.5 machine hour. Actual machine hours used last month were 1.270, and the actual variable MOH rate last month was $24.00 Requirements 1. Calculate the variable overhead rate variance. 2. Calculate the variable overhead efficiency variance Requirement 1. Calculate the variable overhead rate variance Begin by determining the formula for the variable overhead rate...
Standard Price and Volume Standards: Direct materials 21.0 yards per awning at $15.00 per yard Direct labor 5.0 hours p...
Standard Price and Volume Standards: Direct materials 21.0 yards per awning at $15.00 per yard Direct labor 5.0 hours per awning at $17.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $7.00 per direct labor hour Total budgeted fixed MOH cost $78,200 Print Done X Actual Results 1 Purchased 51,750 yards at a total cost of $755,550 Used 47,500 yards in producing 2,300 awnings Actual direct labor cost of $194,256 for a...
help asap please Actual cost and operating data from the most recent month are as follows: EE (Click the loon t...
help asap please
Actual cost and operating data from the most recent month are as follows: EE (Click the loon to view the actual rosults) All manufacturing overhead is allocated on the basis of direct labor hours Pratt Awning manufactures awnings and uses a standard cost systom. The company allocatos overhoed based on the number of direct labor hours. The following are the company's cost and standards data: Read the requirements Requirement 1. Caloulate the standard cost of one awning...
Bauer Manufacturing produces luxury dog houses. Each dog house requires 3.0 hours of machine time for...
Bauer Manufacturing produces luxury dog houses. Each dog house requires 3.0 hours of machine time for its elaborate trim and finishing. For the current year, Bauer calculated to predetermined food manufacturing overhead (MOH) rate to be $28 per machine hour. The company budgets its fixed MOH to be $0.500 per month Last month, Bauer produced 1,000 dog houses and incurred $96.000 (actual) of fixed MOH. Read the requirements Requirement 1. Cakulate the fixed overhead budget variance Begin by determining the...
please help irements. + 1. How much variable overhead would have been allocated to production? How...
please help
irements. + 1. How much variable overhead would have been allocated to production? How much fixed located to production? 0 More Info ine ver ent ell n The company allocates manufacturing overhead based on direct labor hours. Albert has budgeted fixed manufacturing overhead fe the year to be $625,000. The predetermined fixed manufacturing overhead rate is $16.20 per direct labor hour, while the standard variable manufacturing overhead rate is $0.60 per direct labor hour. The direct labor standard...
Purchased 41,800 yards at a total cost of $434,720 Used 38,800 yards in producing 1,900 awnings...
Purchased 41,800 yards at a total cost of $434,720 Used 38,800 yards in producing 1,900 awnings Actual direct labor cost of $67,100 for a total of 5,500 hours Actual variable MOH $22,550 Actual fixed MOH $47,800 Standards: Direct materials 21.0 yards per awning at $11.00 per yard Direct labor 3.0 hours per awning at $12.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $8.00 per direct labor hour Total budgeted fixed MOH...
Pender Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on...
Pender Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data: Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: B Click the icon to view the actual results.) All manufacturing overhead is allocated on the basis of direct labor hours. Read the requirements. Requirement 1. Calculate the standard...
Ander's Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufacturing costs....
Ander's Clothing manufactures embroidered jackets. The company
uses a standard cost system to control manufacturing costs. The
following data represent the standard unit cost of a jacket:
i Data Table $4.15 per sq. ft.) Direct materials 3.0 sq. ft x 12.45 Direct labor $9.70 per hour) ( 2,0 hours x 19.40 Manufacturing overhead: Variable 2.0 hours x $0.68 per hour) 1.36 4.40 5.76 2.0 hours x $2.20 per hour) Fixed 37.61 Total standard cost per jacket Fixed overhead in total...
Managerial Accounting
Sandlewood Industries produced 5,000 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $25 per machine hour. Each table requires 0.5 machine hours. Actual machine hours used last month were 2,480,and the actual variable MOH rate last month was $27.00.Requirements1. Calculate the variable overhead rate variance.2. Calculate the variable overhead efficiency variance.
Sanders Industries produced 4,500 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $15 per machine hour. Each table requires 0.5 machine hours. Actual machine hours used last month were 2,300, and the actual variable MOH rate last month was $13.00 Requirements 1. Calculate the variable overhead rate variance 2. Calculate the variable overhead efficiency variance, Requirement 1. Calculate the variable overhead rate variance. Begin by determining the formula for the variable overhead rate...
Simmons Industries produced 2.500 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $25 per machine hour. Each table requires 0.5 machine hour. Actual machine hours used last month were 1.270, and the actual variable MOH rate last month was $24.00 Requirements 1. Calculate the variable overhead rate variance. 2. Calculate the variable overhead efficiency variance Requirement 1. Calculate the variable overhead rate variance Begin by determining the formula for the variable overhead rate...
Standard Price and Volume Standards: Direct materials 21.0 yards per awning at $15.00 per yard Direct labor 5.0 hours per awning at $17.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $7.00 per direct labor hour Total budgeted fixed MOH cost $78,200 Print Done X Actual Results 1 Purchased 51,750 yards at a total cost of $755,550 Used 47,500 yards in producing 2,300 awnings Actual direct labor cost of $194,256 for a...
help asap please
Actual cost and operating data from the most recent month are as follows: EE (Click the loon to view the actual rosults) All manufacturing overhead is allocated on the basis of direct labor hours Pratt Awning manufactures awnings and uses a standard cost systom. The company allocatos overhoed based on the number of direct labor hours. The following are the company's cost and standards data: Read the requirements Requirement 1. Caloulate the standard cost of one awning...
Bauer Manufacturing produces luxury dog houses. Each dog house requires 3.0 hours of machine time for its elaborate trim and finishing. For the current year, Bauer calculated to predetermined food manufacturing overhead (MOH) rate to be $28 per machine hour. The company budgets its fixed MOH to be $0.500 per month Last month, Bauer produced 1,000 dog houses and incurred $96.000 (actual) of fixed MOH. Read the requirements Requirement 1. Cakulate the fixed overhead budget variance Begin by determining the...
please help
irements. + 1. How much variable overhead would have been allocated to production? How much fixed located to production? 0 More Info ine ver ent ell n The company allocates manufacturing overhead based on direct labor hours. Albert has budgeted fixed manufacturing overhead fe the year to be $625,000. The predetermined fixed manufacturing overhead rate is $16.20 per direct labor hour, while the standard variable manufacturing overhead rate is $0.60 per direct labor hour. The direct labor standard...
Purchased 41,800 yards at a total cost of $434,720 Used 38,800 yards in producing 1,900 awnings Actual direct labor cost of $67,100 for a total of 5,500 hours Actual variable MOH $22,550 Actual fixed MOH $47,800 Standards: Direct materials 21.0 yards per awning at $11.00 per yard Direct labor 3.0 hours per awning at $12.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $8.00 per direct labor hour Total budgeted fixed MOH...
Pender Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data: Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: B Click the icon to view the actual results.) All manufacturing overhead is allocated on the basis of direct labor hours. Read the requirements. Requirement 1. Calculate the standard...
Ander's Clothing manufactures embroidered jackets. The company
uses a standard cost system to control manufacturing costs. The
following data represent the standard unit cost of a jacket:
i Data Table $4.15 per sq. ft.) Direct materials 3.0 sq. ft x 12.45 Direct labor $9.70 per hour) ( 2,0 hours x 19.40 Manufacturing overhead: Variable 2.0 hours x $0.68 per hour) 1.36 4.40 5.76 2.0 hours x $2.20 per hour) Fixed 37.61 Total standard cost per jacket Fixed overhead in total...
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