Question

Assume the variable overhead standard is 5 machine hours at $7 per hour and the fixed overhead standard is 5 machine hours at

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

Calculation of Variable overhead efficience Variance Variable overhead efficiency varience = Standard overhead rate*(Actual h

Add a comment
Know the answer?
Add Answer to:
Assume the variable overhead standard is 5 machine hours at $7 per hour and the fixed...
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
  • 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...

  • Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing overhead is $87,000 per month. The following information is available for a recent month: a. The denominator activity of 34,800 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 34,800 machine-hours, the company should produce 12,000 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...

  • Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing overhead is $87,000 per month. The following information is available for a recent month: a. The denominator activity of 34,800 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 34,800 machine-hours, the company should produce 12,000 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...

  • Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company's budgeted variable manufacturing overhead cost is $1.90 per machine-hour and its budgeted fixed manufacturing overhead is $87,000 per month. The following information is available for a recent month a. The denominator activity of 34,800 machine-hours is used to compute the predetermined overhead rate b. At a denominator activity of 34,800 machine-hours, the company should produce 12,000 units of product. c. The company's actual operating results were Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...

  • Duncanville, Inc., has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned ctivity of 20,000 machine hours. During the year, 5,000 units were schedul

    Duncanville, Inc., has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned ctivity of 20,000 machine hours. During the year, 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750 Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100The amount of variable overhead that Duncanville applied to production is:A.$158,400.B.$160,000.C.$163,200.D.$167,750E.not listed above.

  • Norwall Company's variable manufacturing overhead should be $1.95 per standard machine-hour and its fixed manufacturing overhead...

    Norwall Company's variable manufacturing overhead should be $1.95 per standard machine-hour and its fixed manufacturing overhead should be $36,036 per month. The following information is available for a recent month: a. The denominator activity of 18,480 machine-hours is used to compute the predetermined overhead rate. b. At the 18,480 standard machine-hours level of activity, the company should produce 6,600 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost...

  • Norwall Company’s budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company’s budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing overhead is $30,624 per month. The following information is available for a recent month: The denominator activity of 9,570 machine-hours is used to compute the predetermined overhead rate. At a denominator activity of 9,570 machine-hours, the company should produce 3,300 units of product. The company’s actual operating results were: Number of units produced 4,570 Actual machine-hours 10,090 Actual variable manufacturing overhead cost $ 14,630...

  • Norwall Company’s budgeted variable manufacturing overhead cost is $1.95 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company’s budgeted variable manufacturing overhead cost is $1.95 per machine-hour and its budgeted fixed manufacturing overhead is $36,036 per month. The following information is available for a recent month: The denominator activity of 18,480 machine-hours is used to compute the predetermined overhead rate. At a denominator activity of 18,480 machine-hours, the company should produce 6,600 units of product. The company’s actual operating results were: Number of units produced 7,550 Actual machine-hours 19,630 Actual variable manufacturing overhead cost $ 41,223...

  • Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing overhead is $77,350 per month. The following information is available for a recent month: a. The denominator activity of 22,750 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 22,750 machine-hours, the company should produce 9,100 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...

  • Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing...

    Norwall Company's budgeted variable manufacturing overhead cost is $1.30 per machine-hour and its budgeted fixed manufacturing overhead is $30,624 per month. The following information is available for a recent month: a. The denominator activity of 9,570 machine-hours is used to compute the predetermined overhead rate. b. At a denominator activity of 9,570 machine-hours, the company should produce 3,300 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual...

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