The following data have been provided by liggett corporation: budgeted production 7,400 units standard machine-hours per unit 6.6 machine-hours standard lubricants rate $ 3.50 per machine-hour standard supplies rate $ 2.00 per machine-hour actual production 7,600 units actual machine-hours (total) 49,840 machine-hours actual lubricants cost (total) $ 179,821 actual supplies cost (total) $ 98,933 lubricants and supplies are both elements of variable manufacturing overhead. the variable overhead rate variance for lubricants is closest to:
multiple choice
a. $1,120 f
b. $5,381 f
c. $4,261 u
d. $5,381 u

The correct answer is D.

Explanation:

Giving the following information:

Budgeted production 7,400 units Standard machine-hours per unit 6.6 machine-hours Standard lubricants rate $ 3.50 per machine-hour

Actual production 7,600 units Actual machine-hours (total) 49,840 machine-hours Actual lubricants cost (total) $ 179,821

Manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity

Manufacturing overhead spending variance= (3.5 - 3.607965)*49,840= 5,381 unfavorable

oh my god you are going so many marks marks i don't want to give you answers sorry

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.