Given the following information for Albright Company, what was the total manufacturing cost variance?
| Manufacturing Costs | Actual Costs | Standard Cost at Actual Volume |
Budgeted Cost |
|||
| Direct materials | $ 80,300 | $ 76,000 | $ 71,250 | |||
| Direct labor | 77,000 | 72,500 | 68,400 | |||
| Factory overhead | 44,800 | 48,000 | 45,600 | |||
| Total | $202,100 | $196,500 | $185,250 | |||
a.$3,200 unfavorable
b.$5,600 unfavorable
c.$16,850 unfavorable
d.$(5,600) favorable
Total manufacturing cost variance = Standard Cost at Actual Volume - Actual costs
= 196,500-202,100
= $5,600 unfavorable
Correct option is b.
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Given the following information for Albright Company, what was the total manufacturing cost variance? Manufacturing Costs...
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In the Assembly Department of Sheffield Company, budgeted and
actual manufacturing overhead costs for the month of April 2020
were as follows.
Budget
Actual
Indirect materials
$15,900
$15,100
Indirect labor
19,800
20,400
Utilities
11,200
11,800
Supervision
4,400
4,400
All costs are controllable by the department manager.
Prepare a responsibility report for April for the cost
center.
SHEFFIELD COMPANY
Assembly Department
Manufacturing Overhead Cost Responsibility Report
For the Month Ended April 30, 2020
Difference
Controllable Cost
Budget
Actual
Favorable
Unfavorable
Neither...
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