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
Homework Answers
C. ?$2,900.00 favorable
Total variable overhead? variance = Actual variable overhead - Flexible budgeted variable overhead
= (12,700 mh × $34.00) - [21,000 × (13,800/23,000) mh × $34.50]
= $431,800 - $434,700 = $2,900 favorable
Add Answer to:
Russo Corporation manufactured? 21,000 air conditioners during
November. The overhead? cost-allocation base is? $34.50 per?
machine-hour....
Russo Corporation manufactured 22 comma 00022,000 air conditioners during November. The overhead costminus−allocation rate is $...
Russo Corporation manufactured 22 comma 00022,000 air conditioners during November. The overhead costminus−allocation rate is $ 30.25$30.25 per machineminus−hour. The following variable overhead data pertain to November: Actual Budgeted Production 22,000 units 24,000 units Machineminus−hours 13,175 hours 14,400 hours Variable overhead cost per machineminus−hour $30.00 $30.25 What is the variable overhead efficiency variance?
Amir Corporation manufactured 110,000 hockey pucks during January. The variable overhead cost-allocation base is $5...
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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:
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4,570
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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:
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Actual
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Actual variable
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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...
D 8.3-20a Outdoor Gear Corporation manufactured 2,000 coolers during October. The following variable overhead data relates to October: Variable overhead spending variance Variable overhead efficiency variance Budgeted machine hours allowed for actual output Actual cost per machine hour Budgeted cost per machine hour $1,875 Unfavorable $270 Unfavorable 615 machine hours $30 $27 Calculate the actual machine hours used by Stark during October. O A. 615 hours OB. 605 hours O C. 625 hours O D. 624 hours
Assume the variable overhead standard is 5 machine hours at $7 per hour and the fixed overhead standard is 5 machine hours at $9 per hour based on a planned activity of 35,000 machine hours when 7,000 units were scheduled to be produced. Given the following data: Actual variable overhead incurred: $254,750 Actual fixed overhead incurred: $375,000 Actual machine hours used: 34,800 Actual units produced: 7,100 the variable overhead efficiency variance is: Multiple Choice O $640 favorable. O $640 unfavorable....
17 Norwall Company's budgeted variable manufacturing overhead cost is $3.00 per machine hour and its budgeted fixed manufacturing overhead is $300,000 per month 0.72 points The following information is available for a recent month: a The denominator activity of 60,000 machine hours is used to compute the predetermined overhead rate. b. At a denominator activity of 60,000 machine hours, the company should produce 40,000 units of product c. The company's actual operating results were: Number of units produced Actual machine-hours...
Norwall Company’s
budgeted variable manufacturing overhead cost is $1.95 per
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The following
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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:
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7,550
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