Answer-----------------$69,930 Unfavorable
Working
Variable Overhead Rate Variance | ||||||
( | Standard Rate | - | Actual Rate | ) | x | Actual Labor Hours |
( | $ 7.00 | - | $ 8.11 | ) | x | 63000 |
$ (69,930.00) | ||||||
Variance | $ 69,930.00 | Unfavourable-U |
.
Standard DATA for | 26600 | Units | |
Quantity (SQ) | Rate (SR) | Standard Cost | |
[A] | [B] | [A x B] | |
Variable Overhead | ( 3 Hour x 26600 Units)=79800 Hour | $ 7.00 | $ 558,600.00 |
.
Actual DATA for | 26600 | Units | |
Quantity (AQ) | Rate (AR) | Actual Cost | |
Variable Overhead | 63000 | $ 8.11 | $ 510,930.00 |
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 55.00 36.00 Direct materials: 5 $ kg at $11.00 per kg Direct labour: 3 hours at $12 per hour Variable overhead: 3 hours at $7 per hour 21.00 $ 112.00 Total standard cost per unit The company planned to produce and sell The company planned to produce and sell 21,000 units in March. However,...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 55.00 36.00 Direct materials: 5 $ kg at $11.00 per kg Direct labour: 3 hours at $12 per hour Variable overhead: 3 hours at $7 per hour 21.00 $ 112.00 Total standard cost per unit The company planned to produce and sell The company planned to produce and sell 21,000 units in March. However,...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 55.00 36.00 Direct materials: 5 $ kg at $11.00 per kg Direct labour: 3 hours at $12 per hour Variable overhead: 3 hours at $7 per hour 21.00 $ 112.00 Total standard cost per unit The company planned to produce and sell The company planned to produce and sell 21,000 units in March. However,...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 55.00 36.00 Direct materials: 5 $ kg at $11.00 per kg Direct labour: 3 hours at $12 per hour Variable overhead: 3 hours at $7 per hour 21.00 $ 112.00 Total standard cost per unit The company planned to produce and sell The company planned to produce and sell 21,000 units in March. However,...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 55.00 36.00 Direct materials: 5 $ kg at $11.00 per kg Direct labour: 3 hours at $12 per hour Variable overhead: 3 hours at $7 per hour 21.00 $ 112.00 Total standard cost per unit The company planned to produce and sell The company planned to produce and sell 21,000 units in March. However,...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 4 kg at $9.00 per kg $ 36.00 Direct labour: 3 hours at $12 per hour 36.00 Variable overhead: 3 hours at $8 per hour 24.00 Total standard cost per unit $ 96.00 The company planned to produce and sell 28,000 units in March. However, during March the company actually produced and...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $9.00 per kg $ 45.00 Direct labour: 3 hours at $14 per hour 42.00 Variable overhead: 3 hours at $9 per hour 27.00 Total standard cost per unit $ 114.00 The company planned to produce and sell 20,000 units in March. However, during March the company actually produced and...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 6 kg at $8.00 per kg $ 48.00 Direct labour: 4 hours at $13 per hour 52.00 Variable overhead: 4 hours at $5 per hour 20.00 Total standard cost per unit $ 120.00 The company planned to produce and sell 20,000 units in March. However, during March the company actually produced and...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 6 kg at $9.00 per kg Direct labour: 3 hours at $15 per hour Variable overhead: 3 hours at $5 per hour $ 54.00 45.00 15.00 Total standard cost per unit $ 114.00 The company planned to produce and sell 20,000 units in March. However, during March the company actually produced and...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 6 kg at $8.00 per kg $ 48.00 Direct labour: 4 hours at $13 per hour 52.00 Variable overhead: 4 hours at $5 per hour 20.00 Total standard cost per unit $ 120.00 The company planned to produce and sell 20,000 units in March. However, during March the company actually produced and...