Homework Answers
Correct answer------------$120,000
.
The fixed manufacturing overhead do not change when we prepare Flexible budget.
In all level of Flexible budget the fixed cost remains same as long as the level is with companies capacity.
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The fixed-overhead is allocated using machine hour. The following fixed overhead data pertain to March: Production...
Prob 12 3 C rate is Sz0.00 13) Machine-hours Fixed overhead cos fixed overhead data pertain...
Prob 12
3 C rate is Sz0.00 13) Machine-hours Fixed overhead cos fixed overhead data pertain to Ma kits for horses during March. The What is the a th flexible-budget variance for variable manufacturing overhead? Required5500 ofa,бrable B)KA300 favorable None of these answers is correct. unfav but not the 55.500 unfavorable The 1Jenny's Corporation manufactured 25,000 grooming kits for horses d d C ch. The fixed-Merhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to Actual...
Radon Corporation manufactured 42,000 grooming kits for horses during March. The following fixed overhead data pertain...
Radon Corporation manufactured 42,000 grooming kits for horses during March. The following fixed overhead data pertain to March: Actual Static budget Production 42,000 units 39,000 units Machine hours 15,700 hours 15,600 hours fixed overhead costs for March $336,800 $327,600 What is the fixed overhead production-volume variance?
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...
Radon Corporation manufactured 36,000 grooming kits for horses during March. The following fixed overhead data pertain...
Radon Corporation manufactured 36,000 grooming kits for horses during March. The following fixed overhead data pertain to March: Actual Static Budget Production 36,000 units 33,000 units Machine-hours 19,900 hours 19,800 hours Fixed overhead costs for March $444,800 $435,600 What is the fixed overhead spending variance?
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production...
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production Machine-hours Foed overhead costs for March Actual 37,500 units 10,375 hours $233,400 Static Budget 34,000 units 10,200 hours $224,400 What is the fixed overhead production - volume variance? O A. $23,100 unfavorable O B. $9,000 favorable O c. $23,100 favorable OD. $9,000 unfavorable
Chapter 8 - BB exercise No 3 - Practice Question no 1 (1 point) Mia Corporation manufactured...
Chapter 8 - BB exercise No 3 - Practice Question no 1 (1 point) Mia Corporation manufactured 1,500 units during June. The following variable overhead data pertain to June: Actual variable manufacturing overhead cost $16,800 Flexible-budget amount for variable manufacturing overhead $19,000 Variable manufacturing overhead efficiency variance $360 unfavorable What is the variable overhead flexible-budget variance? The format of your answer must be as follows: The variable overhead flexible-budget variance is $10.00 Favorable – (this is not the correct answer) Chapter 8 - BB exercise...
Question 2 Not yet answered Blue Ltd manufactured 10,000 iPhone cases during March. The following fixed...
Question 2 Not yet answered Blue Ltd manufactured 10,000 iPhone cases during March. The following fixed overhead data pertain to March: Marked out of 100 Flag question Actual Budget Production 10,000 units 12,000 units Machine-hours 5,100 hours 6,000 hours Fixed overhead cost for March $122,000 $120,000 What is the correct journal entry to dispose of under or over applied overhead, treat as immaterial: Select one: a. DR COGS 20,000 CR OH Control 20,000 O b. DR OH Control 20,000 CR...
Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead...
Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 124,000 Budgeted costs Indirect materials $6,200 Indirect labor 13,640 Utilities 12,400 Maintenance 8,680 Salaries 44,700 Depreciation 17,100 Property taxes 3,300 Insurance 1,300 Janitorial 1,400 Total budgeted costs $108,720 WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 125,000 Costs Indirect materials...
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to Septe...
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to September: Production Machine - hours Fixed overhead costs for September Actual 57,500 units 1,025 hours $51,000 Static Budget 57,000 units 1,140 hours $51,300 What is the flexible - budget amount? O A. $51,000 OB. $51,750 OC. $51,300 OD. $57,500
Davidson Corporation manufactured 57,600 units during September. The following fixed overhead data relates to September: Actual...
Davidson Corporation manufactured 57,600 units during September. The following fixed overhead data relates to September: Actual Static Budget Production 57,600 units 57,000 units Machine−hours 1,015 hours 1,140 hours Fixed overhead costs for September $52,040 $52,440 What is the flexible−budget amount?
Prob 12
3 C rate is Sz0.00 13) Machine-hours Fixed overhead cos fixed overhead data pertain to Ma kits for horses during March. The What is the a th flexible-budget variance for variable manufacturing overhead? Required5500 ofa,бrable B)KA300 favorable None of these answers is correct. unfav but not the 55.500 unfavorable The 1Jenny's Corporation manufactured 25,000 grooming kits for horses d d C ch. The fixed-Merhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to Actual...
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...
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production Machine-hours Foed overhead costs for March Actual 37,500 units 10,375 hours $233,400 Static Budget 34,000 units 10,200 hours $224,400 What is the fixed overhead production - volume variance? O A. $23,100 unfavorable O B. $9,000 favorable O c. $23,100 favorable OD. $9,000 unfavorable
Question 2 Not yet answered Blue Ltd manufactured 10,000 iPhone cases during March. The following fixed overhead data pertain to March: Marked out of 100 Flag question Actual Budget Production 10,000 units 12,000 units Machine-hours 5,100 hours 6,000 hours Fixed overhead cost for March $122,000 $120,000 What is the correct journal entry to dispose of under or over applied overhead, treat as immaterial: Select one: a. DR COGS 20,000 CR OH Control 20,000 O b. DR OH Control 20,000 CR...
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to September: Production Machine - hours Fixed overhead costs for September Actual 57,500 units 1,025 hours $51,000 Static Budget 57,000 units 1,140 hours $51,300 What is the flexible - budget amount? O A. $51,000 OB. $51,750 OC. $51,300 OD. $57,500
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