Answer:
Option 1st is correct. i,e Unfavurable
Fixed overhead spending variance |
= Actual Fixed overhead - Budgeted Fixed overhead |
=$7,600-$7,400 |
= $200 Unfavurable |
The following information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours...
The following information is available for Baxter Manufacturing for April: Actual machine hours 850 Standard machine hours allowed 920 Denominator activity (machine hours) 1,060 Actual fixed overhead costs $ 4,000 Budgeted fixed overhead costs $ 4,240 Predetermined overhead rate ($1 variable + $4 fixed) $ 5 What is the fixed overhead price (spending) variance for April? Multiple Choice $350 $280 $560 $240
The following information is available for Baxter Manufacturing for April: Actual machine hours 860 Standard machine hours allowed 940 Denominator activity (machine hours) 1,015 Actual fixed overhead costs $ 4,200 Budgeted fixed overhead costs $ 5,075 Predetermined overhead rate ($1 variable + $5 fixed) $ 6 What is the production volume variance for April? Multiple Choice $215. $375. $400. $480.
Actual machine hours 1,160 Standard machine hours allowed 1,310 Denominator activity (machine hours) 1,450 Actual fixed overhead costs $ 16,560 Budgeted fixed overhead costs $ 17,400 Predetermined overhead rate ($2 variable + $12 fixed) $ 14 What is the fixed overhead spending (price) variance? A. $840 favorable. B. $580 favorable. C. $280 favorable. D. $300 favorable.
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhend costs Predetermined overhead rate ($2 variable $8 fixed 50 8,750 10 What is the fixed overhead production volume variance? $450 favorable $1.840 unfavorable O $220 favorable O $450 unfavorable O $880 favorable $1,840 favorable. some other amount favorable some other amount unfavorable O $220 unfavorable O $880 unfavorable
1,020 Actual machine hours Standard machine hours allowed Denominator activity machine hours) Actual fixed overhead costs Budgeted faxed overhead costs Predetermined overhead rate ($2 variable 3.000 4080 $4 foed What is the production volume variance? $180 $440 $390 5260
The following information is available for the Danske Company: Denominator hours for May 21,500 Actual hours worked during May 19,200 Standard hours allowed for May 14,600 Flexible budget fixed overhead cost $ 64,500 Actual fixed overhead costs for May $ 68,800 Danske Company had total underapplied overhead of $21,500. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed $ 55,000 Budgeted based on standard direct labor hours 44,500 Fixed Overhead: Applied based on standard...
The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 18,500 19, 600 14, 800 $115, 000 $118, 000 Danske Company had total underapplied overhead of $17,800. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours Fixed Overhead: $70, 000 40, 800 Applied...
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...