Homework Answers
Standard overhead rate = (46600+27960/23300) = 3.2 per hour
Overhead applied = 5650*4*3.2 = 72320
Actual overhead = 75600
Total overhead variance = Applied overhead-actual overhead = 72320-75600 = 3280 U
So answer is d) $3280 U
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9,000
Standard labour hours
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rates.(Round answers to 2 decimal places, e.g.
15.25.)
Fixed predetermined ovehead rate
$...
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Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11.800 Supervisory salaries $36,100 Indirect labor 10,800 Depreciation 6.200 Utilities 7,800 Property taxes and insurance 7,500 Maintenance 5.900 Maintenance 5,000 Actual variable costs were indirect materials $14,700, indirect labor $9.300, utilities $9.900, and maintenance $4,600. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,500. The actual activity level equaled the budgeted level. All...
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Variable manufacturing overhead costs
$13,680
Fixed manufacturing overhead costs
$10,710
Normal production level in labour hours
9,000
Standard labour hours
9,500
During the year, 3,050 units were produced, 10,900 hours were
worked, and the actual manufacturing overhead was $21,800. Actual
fixed overhead totalled $10,800.
Mercuri applies overhead based on direct labour hours.
Calculate the total, fixed, and variable predetermined overhead
rates.(Round answers to 2 decimal places, e.g.
15.25.)
Fixed predetermined ovehead rate
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