The following information is available for Baxter Manufacturing for April: Actual machine hours 850 Standard machine...
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
Homework Answers
Fixed overhead price variance = Budgeted fixed cost-Actual fixed cost
= 4240-4000
Fixed overhead price variance = 240
So answer is d) $240
Add Answer to:
The following information is available for Baxter Manufacturing
for April:
Actual machine hours
850
Standard machine...
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 Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs 1,030 1,090 1,850 $7,600 $7, 400 %24 Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) Is the fixed overhead price (spending) variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable < Prev 23 of 34 Next >
The following information is available for Baxter Manufacturing for April: Actual machine hours 860 Standard machine...
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Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted...
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Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
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The following information is available for the Danske Company: Denominator hours for May 21,500 Actual hours...
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tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...
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
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 9,300 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:
Asper Corporation has provided the following data for February. Denominator level of activity 9,700 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 information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs 1,030 1,090 1,850 $7,600 $7, 400 %24 Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) Is the fixed overhead price (spending) variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable < Prev 23 of 34 Next >
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($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
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
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