Answer:
| Actual Fixed Overhead | - | Budgeted Fixed Overhead | = | Fixed MOH Budget variance | |
| $96,000 | - | $91,500 | = | $4,500 | (U) |
Explanation:
It is Unfavorable because Actual Fixed overhead is more than the Budgeted fixed overhead.
Bauer Manufacturing produces luxury dog houses. Each dog house requires 3.0 hours of machine time for...
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...
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...
rporation applies manufacturing overhead to products on the basis of standard machine-hours. production are shown below: BudgetActual 778 3,900 720 Units produced Machine-hours 3,600 Variable MOH S 38,160 S39,800 or the month, the variable overhead efficiancy variance was closest to: 1,540 Favorable B. C. D. 3,180 Unfavorable 106 Unfavorable 102 Unfavorable E. None of the above. 20 Skie Inc produces a single product and uses a standard costing system applying manufacturing overhead based or allowed for actual output. At the...
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...
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....
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...
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...
Sunny Day Company makes customized golf shirts for sale to golf courses. Each shirt requires 3 hours to produce because of the customized logo for each golf course. Sunny Day uses direct labor-hours to allocate the overhead cost to production. Fixed overhead costs, including rent, depreciation, supervisory salaries, and other production expenses, are budgeted at $15,000 per month. The facility currently used is large enough to produce 1,000 shirts per month. During March, Sunny Day produced 760 shirts and actual...
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...
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:
Number of units
produced
7,550
Actual
machine-hours
19,630
Actual variable
manufacturing overhead cost
$
41,223...