1) | ||
Predetermined OH Rate |
||
Variable overhead costs | $ 2.30 | per DLH |
Fixed overhead costs | $ 1.20 | per DLH |
Total overhead costs | $ 3.50 | per DLH |
2) | ||||||
At 65% of Operating Capacity | ||||||
Predetermined OH rate (A) |
Standard DL Hours (B) |
Overhead Costs Applied C = (A x B) |
Actual Results (D) |
Variance ( C - D ) |
Fav./Unf. | |
Variable overhead costs | $ 2.30 | 689,000 | $ 1,584,700 | $ 1,525,000 | $ 59,700 | Favorable |
Fixed overhead costs | $ 1.20 | 689,000 | $ 826,800 | $ 954,000 | $ 127,200 | Unfavorable |
Total overhead costs | $ 3.50 | $ 2,411,500 | $ 2,479,000 | $ 67,500 | Unfavorable |
Required information (The following information applies to the questions displayed below.) Sedona Company set the following...
Required Information The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 Ibs. @ $2.50 per Ib.) Direct labor (20 hrs. @ $4.80 per hr.) Variable overhead (20 hrs. @ $2.30 per hr.) Fixed overhead (20 hrs. $1.20 per nr.) Total standard cost $ 75.00 96.00 46.00 24.00 $241.00 The $3.50 ($2.30 + $1.20) total overhead rate per direct labor hour is...
Use the following information for the Exercises below. [The following information applies to the questions displayed below.) Sedona Company set the following standard costs for one unit of its product for 2017. Direct material (30 lbs. @ $2.50 per lb.) Direct labor (20 hrs. @ $4.80 per hr.) Factory variable overhead (20 hrs. @ $2.30 per hr.) Factory fixed overhead (20 hrs. @ $1.20 per hr.) Standard cost $ 75.00 96.00 46.00 24.00 $241.00 The $3.50 ($2.30 + $1.20) total...
Use the following information for the Exercises below. [The following information applies to the questions displayed below] Sedona Company set the following standard costs for one unit of its product for 2017 Direct material (30 lbs. $2.50 per lb.) Direct labor (20 hrs. @ $4.80 per hr.) Factory variable overhead (20 hrs. @ $2.30 per hr.) Factory fixed overhead (20 hrs.@ $1.20 per hr.) $ 75.00 96.00 46.00 24.00 $241.00 Standard cost The $3.50 ($2.30 $1.20) total overhead rate per...
Required Information [The following information applies to the questions displayed below] Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 lbs. $2.50 per Ib. ) Direct labor (20 hrs. $4.80 per hr.) Variable overhead (20 hrs. $2.30 per hr.) Fixed overhead (20 hrs. $1.20 per hr.) Total standard cost $75.00 96.00 46.00 24.ee $241.00 The $3.50 ($2.30 + $1.20) total overhead rate per direct labor hour is based on an...
Required Information [The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 lbs. @ $2.00 per Ib.) Direct labor (20 hrs. @ $4.50 per hr.) Variable overhead (20 hrs. @ $2.50 per hr.) Fixed overhead (20 hrs. @ $1.20 per hr.) Total standard cost $ 60.00 90.ee 50.ee 24.ee $224.ee The $3.70 ($2.50 - $1.20) total overhead rate per direct labor hour...
5 Required information [The following information applies to the questions displayed below. Sedona Company set the following standard costs for one unit of its product for 2017. Part 1 of2 Direct material (30 Tbs. $2.20 per Ib.) Direct labor (20 hrs. $4.20 per hr.) Factory variable overhead (20 hrs. $2.20 per hr.) Factory fixed overhead (20 hrs. $1.10 per hr.) Standard cost 66.00 84.00 44.00 22.00 $216.00 8.33 points Skipped The $3.30 ($2.20 + $1.10) total overhead rate per direct...
Required information [The following information applies to the questions displayed below.] Sedona Company set the following standard costs for one unit of its product for 2017. Direct material (20 Ibs. @ $3.20 per Ib.) $ 64.00 Direct labor (10 hrs. @ $8.30 per hr.) 83.00 Factory variable overhead (10 hrs. @ $4.70 per hr.) 47.00 Factory fixed overhead (10 hrs. @ $2.30 per hr.) 23.00 Standard cost $ 217.00 The $7.00 ($4.70 + $2.30) total overhead rate per direct labor...
Required information The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unit of its product for this year Direct material (30 lbs. @ $2.20 per Ib.) Direct labor (10 hrs. @ $4.60 per hr.) Variable overhead (10 hrs. $3.20 per hr.) Fixed overhead (18 hrs. $1.50 per hr.) Total standard cost $ 66. 46.00 30.00 15.00 $157.00 The $4.50 ($3.00 + $1.50) total overhead rate per direct labor hour is based...
[The following information applies to the questions displayed below.] Sedona Company set the following standard costs for one unit of its product for this year. Direct material (15 Ibs. @ $3.80 per Ib.) Direct labor (10 hrs. @ $9.40 per hr.) Variable overhead (10 hrs. @ $4.20 per hr.) Fixed overhead (10 hrs. @ $2.50 per hr.) Total standard cost $ 57.00 94.00 42.00 25.00 $218.00 The $6.70 ($4.20 + $2.50) total overhead rate per direct labor hour is based...
Required information The following Information applies to the questions displayed below] Sedona Company set the following standard costs for one unlt of Its product for 2017 Direct aterial (20 Ibs. $3.30 per Ib. Direct labor (15 hrs. $6.00 per hr.) Eactory variable overhead (15 hrs. $2.80 per hr.) Factory fixed overhead (15 hs $1.20 per hr.) Standard cost 66.00 90.00 42.00 1B.00 $216.00 The $400 ($280-$120) total overhead rate per direct labor hour is based on an expected operating level...