Question

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 Static Budget 25,000 units 24,0oo units 93 Production Machine-hours Fixed overhead costs for March 6,0o0 hours20 6,100 hours $123,000 $120,000 t is the amount of fixed overhead allocated to production? A) $120,000 B) S122,000 C) $123,000 D) $125,000 Problems: 13-16 (18 points each) 17 (4 points) 13) The following data for the electric com pany pertain to the production of 450 rolls of electric wire during June. Sel items are omitted because the costing records were lost in a fire. Direct Materials (All materials purchased were used.) Standard cost per roll:a pounds at $4.0o per pound. Total actual cost:b pounds costing $9,600. 12T0 Standard cost allowed for units produced was $9,000. Materials price variance: S20u Materials efficiency variance was $80 unfavorable. Direct Manufacturing Labor Standard cost is 3 hours per roll at $8.00 per hour. Actual cost per hour was $8.25 Total actualcost-d- r550 Labor price variance: e-3 so u Labor efficiency variance was $400 unfavorable Aotalactual or a Required: iua nlaments in the report represented by the lettered items.

Prob 12

Answer 1