Question

Question 16 1 pts Expedient Company maintains warehouses that stock items carried by its e-retailer clients. When one of Expedient's clients receives an order from an online customer, the order is forwarded to Expedient. The item is then pulled from the warehouse, packed, and shipped to the customer. Expedient uses a predetermined variable overhead rate based on direct labor-hours. According to the company's records, 0.04 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is GHS 3.25 per direct-labor hour. During December, Expedient shipped 120,000 orders using 4,600 direct labor-hours. The company incurred a total of GHS 14,720 in variable overhead costs. What is the variable overhead efficiency variance during December? GHS 650 U OGHS 650 F GHS 230 F GHS 230 V - Question 15 1 pts The total manufacturing overhead for Mako Ltd is 60% of its total conversion cost. Assume that direct labour cost is GHS 45,500 and direct material cost is GHS 35000, what is the manufacturing overhead cost for Mako Ltd? GHS 55650 OGHS 113750 OGHS 68250 GHS 48300 Question 13 1 pts For the month of May 2020, direct material cost for Mako Ltd is GHS 15,750. Direct material cost was 45% of prime cost for the month. If total manufacturing cost was estimated at GHS 65,000, what is the total manufacturing overhead for May? GHS 19250 GHS 35000 O GHS 49250 GHS 30000

Answer 1

16. Variable Overhead Efficiency Variance= (actual labor hours less budgeted labor hours) x hourly rate

(4600-4800)*3.25= 650

option b GHS 650F

15. TOTAL MANUFACTURING OVERHEAD= (direct material cost +direct labour cost)*60%

(45500+35000)*60% = 48300

option d is correct

14. manufacturing overhead= total manufacturing cost- prime cost

65000-(15750*100/45) = 30000

option d is correct