Question

D 8.3-20a Outdoor Gear Corporation manufactured 2,000 coolers during October. The following variable overhead data relates to

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Overhead Spending Variance = $1,875 Unfavorable

i.e.

(Actual Hourly Rate – Standard Hourly Rate) x Actual Hours Worked = $1,875

(30 – 27)*Actual Hours Worked = $1,875

Actual Hours Worked = $1,875 / 3 = 625 Hours

Hence, the correct answer is C. 625 Hours

Hope the above calculations, working and explanations are clear to you and help you to understand the concept of question.... please rate my answer...in case any doubt, post a comment and I will try to resolve the doubt ASAP…thank you

Add a comment
Know the answer?
Add Answer to:
D 8.3-20a Outdoor Gear Corporation manufactured 2,000 coolers during October. The following variable overhead data relates...
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
  • Ecocomfort Corporation manufactured 3000 coolers during October. The following variable overhead data relates to October: Calculate...

    Ecocomfort Corporation manufactured 3000 coolers during October. The following variable overhead data relates to October: Calculate the variable overhead flexible-budget variance. Variable overhead spending variance $ 1280 unfavorable Variable overhead efficiency variance $192 unfavorable Budgeted machine hours allowed for actual output 607 machine hours Actual cost per machine hour $26 Budgeted cost per machine hour $24

  • Neocomfort Corporation manufactured 3000 chairs during June. The following variable overhead data relates to June: Budgeted...

    Neocomfort Corporation manufactured 3000 chairs during June. The following variable overhead data relates to June: Budgeted variable overhead cost per unit $12.00 Actual variable manufacturing overhead cost $49,700 Flexible-budget amount for variable manufacturing overhead $47,900 Variable manufacturing overhead efficiency variance $800 unfavorable What is the variable overhead spending variance? Ecocomfort Corporation manufactured 4000 coolers during October. The following variable overhead data relates to October: Calculate the actual machine hours used by Stark during October.

  • Lancelot Corporation manufactures tennis gear and uses budgeted machine - hours to allocate variable manufacturing over...

    Lancelot Corporation manufactures tennis gear and uses budgeted machine - hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted machine - hours Budgeted variable manufacturing overhead costs for 3,000 units 3,000 units 15,000 hours $172,500 Actual output units produced Actual machine - hours used Actual variable manufacturing overhead costs 3,250 units 14,500 hours $230,000 What is the flexible - budget variance for variable manufacturing overhead? O A. $43,125 favorable...

  • Neocomfort Corporation manufactured 3000 chairs during June. The following variable overhead data relates to June: What...

    Neocomfort Corporation manufactured 3000 chairs during June. The following variable overhead data relates to June: What is the variable overhead flexible-budget variance? Budgeted variable overhead cost per unit $17,000 Actual variable manufacturing overhead cost $52,000 Flexible-budget amount for variable manufacturing overhead $47,100 Variable manufacturing overhead efficiency variance $710 unfavorable What is the variable overhead flexible-budget variance?

  • Russo Corporation manufactured? 21,000 air conditioners during November. The overhead? cost-allocation base is? $34.50 per? machine-hour....

    Russo Corporation manufactured? 21,000 air conditioners during November. The overhead? cost-allocation base is? $34.50 per? machine-hour. The following variable overhead data pertain to? November: Actual Budgeted Production ?21,000 units ? 23,000 units ?Machine-hours ?12,700 hours ?13,800 hours Variable overhead cost per? machine-hour ?$34.00 ?$34.50 What is the total variable overhead? variance? A. ?$2,900.00 unfavorable B. ?$3,450.00 unfavorable C. ?$2,900.00 favorable D. ?$3,450.00 favorable

  • The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual...

    The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead Actual fixed overhead Actual machine time 9,000 cases $418,000 $124,000 39, 400 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows: Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output $ 10.00 per machine hour 4 hours per case of marshmallows $120,000 per month 10,000 cases per month Required: Use any of the methods explained...

  • The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual...

    The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead Actual fixed overhead Actual machine time 10,000 cases $ 419,000 $ 139,000 36,400 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows: Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output $ 11.00 per machine hour 3 hours per case of marshmallows $132,000 per month 11,000 cases per month Required: Use any of the methods...

  • Vath Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted...

    Vath Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 9,300 gears Standard machine-hours per gear 4.0 machine-hours Budgeted supplies cost $3.00 per machine-hour Actual production 9,870 gears Actual machine-hours 39,542 machine-hours Actual supplies cost (total) $111,045 Required: Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable. Variable overhead rate variance Variable overhead efficiency variance

  • Amir Corporation manufactured 110,000 hockey pucks during January. The variable overhead cost-allocation base is $5...

    Amir Corporation manufactured 110,000 hockey pucks during January. The variable overhead cost-allocation base is $5.45 per machine-hour. The following variable overhead data pertain to January Production Machine - hours Variable overhead cost per machine - hour What is the flexible - budget amount? Actual 110,000 units 9,700 hours $5.50 Budgeted 110,000 units 9,000 hours $5.45 O A. $53,350 O B. $52,865 OC. $49,500 OD. $49,050

  • The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per...

    The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per machine hour Actual variable overhead Budgeted variable overhead rate per machine hour Actual fixed overhead Budgeted hours allowed for actual output achieved $ 2.00 $95,000 $ 2.00 $20,000 41,000 Based on this information, the total overhead variance is: Multiple Choice $13,000 favorable. o $49,000 favorable. o $36,000 unfavorable. o O $49,000 $49,000 unfavorable. o

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