Asper Corporation has provided the following data for February. Denominator level of activity 9,300 machine-hours Budgeted fixed manufacturing overhead costs $ 284,020 Fixed component of the predetermined overhead rate $ 36.20 per machine-hour Actual level of activity 9,500 machine-hours Standard machine-hours allowed for the actual output 9,800 machine-hours Actual fixed manufacturing overhead costs $ 275,960 The budget variance for February is:
Fixed overhead budget variance =Budgeted fixed overhead - actual fixed overhead | |||||
=$284020 -275960 | |||||
=8060 (Favorable) | |||||
Asper Corporation has provided the following data for February. Denominator level of activity 9,300 machine-hours Budgeted...
Asper Corporation has provided the following data for February. Denominator level of activity 9,700 machine-hours Budgeted fixed manufacturing overhead costs $ 288,420 Fixed component of the predetermined overhead rate $ 36.60 per machine-hour Actual level of activity 9,900 machine-hours Standard machine-hours allowed for the actual output 10,200 machine-hours Actual fixed manufacturing overhead costs $ 279,960 The budget variance for February is:
The following data for February has been provided by Gillard Corporation. Denominator level of activity. Budgeted fixed manufacturing overhead costs. Actual level of activity. Standard machine-hours allowed for the actual output... Actual fixed manufacturing overhead costs 3,700 machine-hours $68,820 4,100 machine-hours 4,000 machine-hours $69,960 Fixed component of the predetermined overhead rate: $18.60 per machine hour A. Compute the budget variance for February (show computations): B. Compute the volume variance for February (show computations)
Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,700 machine-hours. The budgeted fixed manufacturing overhead costs are $274,890. In April, the actual fixed manufacturing overhead costs were $280,280 and the standard machine-hours allowed for the actual output were 8,000 machine-hours. Required: a. Compute the budget variance for April. b. Compute the volume variance for April. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no...
soon please pints) Saffold Corporation has provided the following data for (5 Points) 2. december: nominator level of activity 8.400 machine hours $274,620 $32.70 per machine hour udgeted fixed manufacturing overhead costs fixed component of the predetermined overhead rate Actual level of activity Standard machine-hours allowed for the actual output Actual fixed manufacturing overhead costs 8.800 machine hours 8,900 machine-hours $284.730 Calculate the budget and volume variance for the month of December. Budget Variance Volume Variance
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($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
20 TB Problem Qu. 10A-152 Holl Corporation has provided ... Holl Corporation has provided the following data for November. points 4,9e machine hours Denominator level of activity Budgeted fixed manufacturing overhead costs Standard machine-hours allowed for the actual output Actual fixed manufacturing overhead costs $58,310 5, 2ee machine hours $57,330 Required: a. Compute the budget variance for November b. Compute the volume variance for November. (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and...
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
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month appear below: Original Budget Actual Costs Fixed overhead cost: Supervision $4,680 $4,800 Utilities 6,120 5,820 Factory depreciation 21,240 20,720 Total fixed manufacturing overhead cost $32,040 $31,340 The company based its original budget on 3,600 machine-hours. The company actually worked 3,570 machine-hours during the month. The standard hours...
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.