Radon Corporation manufactured 42,000 grooming kits for horses during March. The following fixed overhead data pertain...
Radon Corporation manufactured 42,000 grooming kits for horses during March. The following fixed overhead data pertain to March:
| Actual | Static budget | |
| Production | 42,000 units | 39,000 units |
| Machine hours | 15,700 hours | 15,600 hours |
| fixed overhead costs for March | $336,800 | $327,600 |
What is the fixed overhead production-volume variance?
Homework Answers
| Standard Fixed Overhead Per hour = $327600/15600 Hours | |||||||||||
| =$21 per hour | |||||||||||
| Standard Hours Allowed For Actual Production = 15600 hours /39000 units *42000 units | |||||||||||
| =16800 hours | |||||||||||
| Fixed Overhead Volume Variance = Standard Rate Per hour * (Standard Hours Allowed For Actual Production - Budgeted Hours) | |||||||||||
| =$21* (16800 hours -15600 hours ) | |||||||||||
| =$25200 (favorable) | |||||||||||
Add Answer to:
Radon Corporation manufactured 42,000 grooming kits for horses during March. The following fixed overhead data pertain...
Radon Corporation manufactured 36,000 grooming kits for horses during March. The following fixed overhead data pertain...
Radon Corporation manufactured 36,000 grooming kits for horses during March. The following fixed overhead data pertain to March: Actual Static Budget Production 36,000 units 33,000 units Machine-hours 19,900 hours 19,800 hours Fixed overhead costs for March $444,800 $435,600 What is the fixed overhead spending variance?
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production...
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production Machine-hours Foed overhead costs for March Actual 37,500 units 10,375 hours $233,400 Static Budget 34,000 units 10,200 hours $224,400 What is the fixed overhead production - volume variance? O A. $23,100 unfavorable O B. $9,000 favorable O c. $23,100 favorable OD. $9,000 unfavorable
Prob 12 3 C rate is Sz0.00 13) Machine-hours Fixed overhead cos fixed overhead data pertain...
Prob 12
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...
The fixed-overhead is allocated using machine hour. The following fixed overhead data pertain to March: Production...
The fixed-overhead is allocated using machine hour. The following fixed overhead data pertain to March: Production Machine-hours Fixed overhead costs for March Machine-hour per unit Actual Static Budget 25,000 units 24,000 units 6,100 hours 6,000 hours $123,000 $120,000 0.244 0.25 What is the flexible-budget amount? O $120,000 O $122,000 O $123,000 O $125,000
Davidson Corporation manufactured 57,600 units during September. The following fixed overhead data relates to September: Actual...
Davidson Corporation manufactured 57,600 units during September. The following fixed overhead data relates to September: Actual Static Budget Production 57,600 units 57,000 units Machine−hours 1,015 hours 1,140 hours Fixed overhead costs for September $52,040 $52,440 What is the flexible−budget amount?
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to Septe...
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to September: Production Machine - hours Fixed overhead costs for September Actual 57,500 units 1,025 hours $51,000 Static Budget 57,000 units 1,140 hours $51,300 What is the flexible - budget amount? O A. $51,000 OB. $51,750 OC. $51,300 OD. $57,500
Chapter 8 - BB exercise No 3 - Practice Question no 1 (1 point) Mia Corporation manufactured...
Chapter 8 - BB exercise No 3 - Practice Question no 1 (1 point) Mia Corporation manufactured 1,500 units during June. The following variable overhead data pertain to June: Actual variable manufacturing overhead cost $16,800 Flexible-budget amount for variable manufacturing overhead $19,000 Variable manufacturing overhead efficiency variance $360 unfavorable What is the variable overhead flexible-budget variance? The format of your answer must be as follows: The variable overhead flexible-budget variance is $10.00 Favorable – (this is not the correct answer) Chapter 8 - BB exercise...
Davidson Corporation manufactured 57 comma 60057,600 units during September. The following fixed overhead data relates to...
Davidson Corporation manufactured 57 comma 60057,600 units during September. The following fixed overhead data relates to September: Actual Static Budget Production 57 comma 60057,600 units 57 comma 00057,000 units Machineminus−hours 1 comma 0151,015 hours 1 comma 1401,140 hours Fixed overhead costs for September $ 52 comma 040$52,040 $ 52 comma 440$52,440 What is the flexibleminus−budget amount?
Davidson Corporation manufactured 57 comma 60057,600 units during September. The following fixed overhead data relates to...
Davidson Corporation manufactured 57 comma 60057,600 units during September. The following fixed overhead data relates to September: Actual Static Budget Production 57 comma 60057,600 units 57 comma 00057,000 units Machineminus−hours 1 comma 0151,015 hours 1 comma 1401,140 hours Fixed overhead costs for September $ 52 comma 040$52,040 $ 52 comma 440$52,440 What is the flexibleminus−budget amount? A. $ 52 comma 992$52,992 Your answer is not correct. B. $ 57 comma 600$57,600 C. $ 52 comma 040$52,040 D. $ 52 comma...
9 of 10 (0 complete) This Question: 1 pt Th Castleton Corporation manufactured 36,000 units during...
9 of 10 (0 complete) This Question: 1 pt Th Castleton Corporation manufactured 36,000 units during March. The following fixed overhead data relates to March: Static Budget Actual Production 36,000 units 35,000 units Machine-hours 3,660 hours 3,500 hours $92,260 Fixed overhead cost for March $84,000 What is the amountf fixed overhead allocated to production? A. $86,400.00 O B. $84,000.00 C. $90,747.54 O D. $92,260.00 Click to select your answer. This course (Fall 2019: Managerial Accounting-Section 05) is based on Hormgren:...
Radon Corporation manufactured 37,500 units during March. The following foed overhead data pertain to Marche Production Machine-hours Foed overhead costs for March Actual 37,500 units 10,375 hours $233,400 Static Budget 34,000 units 10,200 hours $224,400 What is the fixed overhead production - volume variance? O A. $23,100 unfavorable O B. $9,000 favorable O c. $23,100 favorable OD. $9,000 unfavorable
Prob 12
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...
The fixed-overhead is allocated using machine hour. The following fixed overhead data pertain to March: Production Machine-hours Fixed overhead costs for March Machine-hour per unit Actual Static Budget 25,000 units 24,000 units 6,100 hours 6,000 hours $123,000 $120,000 0.244 0.25 What is the flexible-budget amount? O $120,000 O $122,000 O $123,000 O $125,000
Davidson Corporation manufactured 57,500 units during September. The following fixed overhead data relates to September: Production Machine - hours Fixed overhead costs for September Actual 57,500 units 1,025 hours $51,000 Static Budget 57,000 units 1,140 hours $51,300 What is the flexible - budget amount? O A. $51,000 OB. $51,750 OC. $51,300 OD. $57,500
9 of 10 (0 complete) This Question: 1 pt Th Castleton Corporation manufactured 36,000 units during March. The following fixed overhead data relates to March: Static Budget Actual Production 36,000 units 35,000 units Machine-hours 3,660 hours 3,500 hours $92,260 Fixed overhead cost for March $84,000 What is the amountf fixed overhead allocated to production? A. $86,400.00 O B. $84,000.00 C. $90,747.54 O D. $92,260.00 Click to select your answer. This course (Fall 2019: Managerial Accounting-Section 05) is based on Hormgren:...
Most questions answered within 3 hours.
-
Describe the function of a Change Control Board.
When calculating Planned Value (PV), what is the...
asked 1 minute ago -
The customer help center in your company receives calls from
customers who need help with some...
asked 12 minutes ago -
A manufacturer wished to compare the wearing qualities of two
different types of automobile tires, A...
asked 11 minutes ago -
Write a MATLAB script file that will sum all the positive
entries in V and stop...
asked 19 minutes ago -
The objective of this assignment is to demonstrate an
understanding of key course concepts and reflect...
asked 21 minutes ago -
A plant's flower colour is determined by the pathway shown
below:
white1 ----Gene A----->
white2----Gene
B---->Blue...
asked 27 minutes ago -
Sketch an acceleration-versus-time
graph for an object, starting with some initial speed, traveling on
a flat...
asked 34 minutes ago -
Bi2O3(s) + 2C (s) yields 2 Bi (s) + 3 CO (g)
What substances are in...
asked 41 minutes ago -
Describe the relationship between the free energy change for a
spontaneous process and the amount of...
asked 37 minutes ago -
Overproduction of uric acid in the body can be an indication of
cell breakdown. This may...
asked 55 minutes ago -
I very foolishly got in a fight with Big Joe during our last
basketball game. He...
asked 1 hour ago -
Block 1 (15 kg) is located on the surface of a
table. A rope pulls on...
asked 54 minutes ago