Homework Answers
| Q19. | ||||||
| Answer is C. $ 106 unfavorable | ||||||
| Std hours allowd (3600/720*778): | 3890 | |||||
| Std Oh rate: | 10.6 | |||||
| Actual Hours | 3900 | |||||
| Variable OH efficiency variance= Std rate (Std hours-Actual hours) | ||||||
| 10.60 (3890-3900) = 106 Unfav | ||||||
| Q20. | ||||||
| Answer is A. 142500 MH | ||||||
| Explanation: | ||||||
| Volume variance =3750 unfav | ||||||
| Std MH allowed = Budgeted MH + Volume Variance/Std rate per MH | ||||||
| 150000 - 3750/0.5 = 142500 | ||||||
Add Answer to:
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below:...
Mendelssohn Manufacturing, Inc. uses a standard costing system with applied based on machine-hours (MHs). According to...
Mendelssohn Manufacturing, Inc. uses a standard costing system with applied based on machine-hours (MHs). According to their standards, cach requires 2 MHs. For the most recent period: Budgeted Units 1,600 units Actual Units 1,586 units Actual MHs 3,400 MHS & system with fixed manufacturing overhead (FMOH) cards, cach unit of their most popular product $ FMOH Budget Actual 44,800 $ 45,200 The FMOH volume variance for the period was closest to: $392.00 Unfavorable $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable None...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on machine-hours (MHs). According to their standards, each unit of their most popular product requires 2 MHs For the most recent period: Budgeted Units Actual Units 1,600 units 1,586 units 3,400 MHs Actual MHs Budget Actual $ 45,200 FMOH $ 44,800 The FMOH volume variance for the period was closest to: $392.00 Unfavorable A. В. $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable C. D. Е. None...
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs $ $ 7,800 10,720 7,990 10,070 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 15,610 14,900 59,970 $109,000 14,490 14,950 61,040 $108,540 The company based its original budget on 7,800 machine-hours. The company actually worked 7,760 machine-hours during the month. The standard hours...
24) Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and...
24) Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs Variable overhead costs: Supplies $ 7,980 $ 8,230 Indirect labor 29,820 29,610 Total variable manufacturing overhead cost $ 37,800 $ 37,840 The original budget was based on 4,200 machine-hours. The company actually worked 4,350 machine-hours during the month and the standard hours allowed for the actual output were 4,190 machine-hours....
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual...
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month appear below: Original Budget Actual Costs Fixed overhead cost: Supervision $4,680 $4,800 Utilities 6,120 5,820 Factory depreciation 21,240 20,720 Total fixed manufacturing overhead cost $32,040 $31,340 The company based its original budget on 3,600 machine-hours. The company actually worked 3,570 machine-hours during the month. The standard hours...
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most...
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,600 machine-hours. Budgeted and actual overhead costs for the month appear below: Original Budget Based on 4,600 Machine-Hours Actual Costs Variable overhead costs: Supplies $ 11,880 $ 12,830 Indirect labor 40,100 40,800 Fixed overhead costs: Supervision 20,700 20,340 Utilities 6,900 6,870 Factory depreciation 7,900 8,210 Total overhead cost $ 87,480 $ 89,050 The company actually worked...
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products...
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $9.10 per MH. The company had budgeted its fixed manufacturing overhead cost at $70,000 for the month. During the month, the actual total variable manufacturing overhead was $66,720 and the actual total fixed manufacturing overhead was $72,00O. The actual level of activity for the period was 6,500 MHs. What was the total of the variable overhead...
Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,700...
Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,700 machine-hours. The budgeted fixed manufacturing overhead costs are $274,890. In April, the actual fixed manufacturing overhead costs were $280,280 and the standard machine-hours allowed for the actual output were 8,000 machine-hours. Required: a. Compute the budget variance for April. b. Compute the volume variance for April. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no...
Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 8,900...
Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 8,900 machine-hours. The budgeted fixed manufacturing overhead costs are $328,410. In April, the actual fixed manufacturing overhead costs were $334,640 and the standard machine-hours allowed for the actual output were 9,200 machine-hours. Required: a. Compute the budget variance for April. b. Compute the volume variance for April. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no...
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...
Mendelssohn Manufacturing, Inc. uses a standard costing system with applied based on machine-hours (MHs). According to their standards, cach requires 2 MHs. For the most recent period: Budgeted Units 1,600 units Actual Units 1,586 units Actual MHs 3,400 MHS & system with fixed manufacturing overhead (FMOH) cards, cach unit of their most popular product $ FMOH Budget Actual 44,800 $ 45,200 The FMOH volume variance for the period was closest to: $392.00 Unfavorable $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable None...
gndelssohn Manufacturing, Inc. uses a standard costing system with fixed manufacturing overhead (FMOH) applied based on machine-hours (MHs). According to their standards, each unit of their most popular product requires 2 MHs For the most recent period: Budgeted Units Actual Units 1,600 units 1,586 units 3,400 MHs Actual MHs Budget Actual $ 45,200 FMOH $ 44,800 The FMOH volume variance for the period was closest to: $392.00 Unfavorable A. В. $400.00 Unfavorable $3,004.24 Unfavorable $2,800.00 Favorable C. D. Е. None...
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs $ $ 7,800 10,720 7,990 10,070 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 15,610 14,900 59,970 $109,000 14,490 14,950 61,040 $108,540 The company based its original budget on 7,800 machine-hours. The company actually worked 7,760 machine-hours during the month. The standard hours...
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $9.10 per MH. The company had budgeted its fixed manufacturing overhead cost at $70,000 for the month. During the month, the actual total variable manufacturing overhead was $66,720 and the actual total fixed manufacturing overhead was $72,00O. The actual level of activity for the period was 6,500 MHs. What was the total of the variable 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...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago