Mynarc Corporation produces fertilizer and distributes the product by using his tanker trucks. Mynarc uses budgeted...
Mynarc Corporation produces fertilizer and distributes the product by using his tanker trucks. Mynarc
uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data:
Budgeted output units 675 truckloads
Budgeted fleet hours 540 hours
Budgeted variable manufacturing overhead costs for 675 loads $82,350
Actual output units produced and delivered 630 truckloads
Actual fleet hours 436 hours
Actual variable manufacturing overhead costs $77,490
1a. What is the flexible-budget amount for variable manufacturing overhead and What is the flexible-budget variance for variable manufacturing overhead?
Homework Answers
| Budgeted variable manufacturing per unit | 122 | =82350/675 | |
| Flexible-budget amount for variable manufacturing overhead | 76860 | =630*122 | |
| Flexible-budget variance for variable manufacturing overhead | 630 | Unfavorable | =77490-76860 |
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you please take a look and help me? I really appreciate it! Thank
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Can anybody help me with this? I have a
little direction to go on, but I'm not sure.
TIA
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A variance analysis question for cost
accounting that I am struggling with. I have parts of it completed,
but there are some parts that I did not really understand. Could
you please take a look and help me? I really appreciate it! Thank
you very much! You may need to zoom in to see the numbers and
information for this question
Part 1: Calculate direct materials price and efficiency variances. Actual Costs Incurred Flexible Budget Budgeted Input Qt. Alloved for...
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