Question

rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below: Budg
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Q19.
Answer is C. $ 106 unfavorable
Std hours allowd (3600/720*778): 3890
Std Oh rate: 10.6
Actual Hours 3900
Variable OH efficiency variance= Std rate (Std hours-Actual hours)
10.60 (3890-3900) = 106 Unfav
Q20.
Answer is A. 142500 MH
Explanation:
Volume variance =3750 unfav
Std MH allowed = Budgeted MH + Volume Variance/Std rate per MH
150000 - 3750/0.5 = 142500
Add a comment
Know the answer?
Add Answer to:
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below:...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Mendelssohn Manufacturing, Inc. uses a standard costing system with applied based on machine-hours (MHs). According to...

    Mendelssohn Manufacturing, Inc. uses a standard costing system with applied based on machine-hours (MHs). According to their standards, cach requires 2 MHs. For the most recent period: Budgeted Units 1,600 units Actual Units 1,586 units Actual MHs 3,400 MHS & system with fixed manufacturing overhead (FMOH) cards, cach unit of their most popular product $ FMOH Budget Actual 44,800 $ 45,200 The FMOH volume variance for the period was closest to: $392.00 Unfavorable $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable None...

  • gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on...

    gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on machine-hours (MHs). According to their standards, each unit of their most popular product requires 2 MHs For the most recent period: Budgeted Units Actual Units 1,600 units 1,586 units 3,400 MHs Actual MHs Budget Actual $ 45,200 FMOH $ 44,800 The FMOH volume variance for the period was closest to: $392.00 Unfavorable A. В. $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable C. D. Е. None...

  • Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...

    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...

  • 24) Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and...

    24) Mongar 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 Variable overhead costs: Supplies $ 7,980 $ 8,230 Indirect labor 29,820 29,610 Total variable manufacturing overhead cost $ 37,800 $ 37,840 The original budget was based on 4,200 machine-hours. The company actually worked 4,350 machine-hours during the month and the standard hours allowed for the actual output were 4,190 machine-hours....

  • Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most...

    Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,600 machine-hours. Budgeted and actual overhead costs for the month appear below: Original Budget Based on 4,600 Machine-Hours Actual Costs Variable overhead costs: Supplies $ 11,880 $ 12,830 Indirect labor 40,100 40,800 Fixed overhead costs: Supervision 20,700 20,340 Utilities 6,900 6,870 Factory depreciation 7,900 8,210 Total overhead cost $ 87,480 $ 89,050 The company actually worked...

  • Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...

    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...

  • Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products...

    Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $9.10 per MH. The company had budgeted its fixed manufacturing overhead cost at $70,000 for the month. During the month, the actual total variable manufacturing overhead was $66,720 and the actual total fixed manufacturing overhead was $72,00O. The actual level of activity for the period was 6,500 MHs. What was the total of the variable overhead...

  • Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,700...

    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...

  • Standard machine hours per unit of output 4 hours Standard variable-overhead rate per machine hour 8.00...

    Standard machine hours per unit of output 4 hours Standard variable-overhead rate per machine hour 8.00 Actual variable-overhead rate per machine hour Actual machine hours per unit of output Budgeted fixed overhead |Actual fixed overhead Budgeted production in units Actual production in units Variable-overhead spending variance Variable-overhead efficiency variance Fixed-overhead budget variance Fixed-overhead volume variance Total actual overhead Total budgeted overhead (flexible budget) Total budgeted overhead (static budget) Total applied overhead 9.00 3 S 50,000 25,000 24,000 72,000 Unfavorable 192,000...

  • The accounts receivable balance on January I is Of this amount, $132,000 represents uncollected December sales and...

    The accounts receivable balance on January I is Of this amount, $132,000 represents uncollected December sales and $23,000 represents uncóllec sales. 14 Theal cash collected in January would be: $412,000 $445,000 $389,000 $346,000 E None of the above A в. C. DEC Jan Nov 2,00 D. gO,000 2 sp0 99,000 210, 000 23,000 412,000 15 Hayes Corporation uses machine hours (MHs) as its denominator activity for fixed manufacturing overhead (FMOH). Fa the most recent year, the company showed the following...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT