Russo Corporation manufactured
22 comma 00022,000
air conditioners during November. The overhead
costminus−allocation
rate is
$ 30.25$30.25
per
machineminus−hour.
The following variable overhead data pertain to November:
|
Actual |
Budgeted |
||
|
Production |
22,000 units |
24,000 units |
|
|
Machineminus−hours |
13,175 hours |
14,400 hours |
|
| Variable overhead cost per
machineminus−hour |
$30.00 |
$30.25 |
What is the variable overhead efficiency variance?
Variable overhead efficiency variance = [13,175 - (22,000 × 14,400/24,000) mh] × $30.25 = $756.25 favorable
Russo Corporation manufactured 22 comma 00022,000 air conditioners during November. The overhead costminus−allocation rate is $...
Russo Corporation manufactured? 21,000 air conditioners during November. The overhead? cost-allocation base is? $34.50 per? machine-hour. The following variable overhead data pertain to? November: Actual Budgeted Production ?21,000 units ? 23,000 units ?Machine-hours ?12,700 hours ?13,800 hours Variable overhead cost per? machine-hour ?$34.00 ?$34.50 What is the total variable overhead? variance? A. ?$2,900.00 unfavorable B. ?$3,450.00 unfavorable C. ?$2,900.00 favorable D. ?$3,450.00 favorable
Amir Corporation manufactured 110,000 hockey pucks during January. The variable overhead cost-allocation base is $5.45 per machine-hour. The following variable overhead data pertain to January Production Machine - hours Variable overhead cost per machine - hour What is the flexible - budget amount? Actual 110,000 units 9,700 hours $5.50 Budgeted 110,000 units 9,000 hours $5.45 O A. $53,350 O B. $52,865 OC. $49,500 OD. $49,050
Ecocomfort Corporation manufactured 3000 coolers during October. The following variable overhead data relates to October: Calculate the variable overhead flexible-budget variance. Variable overhead spending variance $ 1280 unfavorable Variable overhead efficiency variance $192 unfavorable Budgeted machine hours allowed for actual output 607 machine hours Actual cost per machine hour $26 Budgeted cost per machine hour $24
D 8.3-20a Outdoor Gear Corporation manufactured 2,000 coolers during October. The following variable overhead data relates to October: Variable overhead spending variance Variable overhead efficiency variance Budgeted machine hours allowed for actual output Actual cost per machine hour Budgeted cost per machine hour $1,875 Unfavorable $270 Unfavorable 615 machine hours $30 $27 Calculate the actual machine hours used by Stark during October. O A. 615 hours OB. 605 hours O C. 625 hours O D. 624 hours
Kellar Corporation manufactured 1,500 chairs during June. The following variable overhead data pertain to June: Budgeted variable overhead cost per unit $12.00 Actual variable manufacturing overhead cost $16,800 Flexible-budget amount for variable manufacturing overhead $18,000 Variable manufacturing overhead efficiency variance $360 unfavourable Which one of the following amounts is the variable overhead rate variance? A. $1,200 favourable B. $1,560 favourable C. $1,200 unfavourable D. $1,560 unfavourable
Neocomfort Corporation manufactured 3000 chairs during June. The following variable overhead data relates to June: Budgeted variable overhead cost per unit $12.00 Actual variable manufacturing overhead cost $49,700 Flexible-budget amount for variable manufacturing overhead $47,900 Variable manufacturing overhead efficiency variance $800 unfavorable What is the variable overhead spending variance? Ecocomfort Corporation manufactured 4000 coolers during October. The following variable overhead data relates to October: Calculate the actual machine hours used by Stark during October.
Standard machine hours per unit of output 4 hours Standard variable-overhead rate per machine hour 8.00 Actual variable-overhead rate per machine hour Actual machine hours per unit of output Budgeted fixed overhead |Actual fixed overhead Budgeted production in units Actual production in units Variable-overhead spending variance Variable-overhead efficiency variance Fixed-overhead budget variance Fixed-overhead volume variance Total actual overhead Total budgeted overhead (flexible budget) Total budgeted overhead (static budget) Total applied overhead 9.00 3 S 50,000 25,000 24,000 72,000 Unfavorable 192,000...
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...
Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 21,000 hours of production in the Weaving Department. The department has a full capacity of 28,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows: Variable overhead $37,800 Fixed overhead 25,200 Total $63,000 The actual factory overhead was $63,800 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard...
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?