Business, 24.04.2020 17:49 ziahziah

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead costs on the basis of machine hours. Chilton budgeted 0.6 machine hours per lamp and allocates variable overhead at a rate of $1.90 per machine hour. Last year Chilton manufactured 15,000 lamps, used 120,000 machine hours and incurred actual variable overhead costs of $204,000. What was Chilton's variable manufacturing overhead rate variance last year? O A. $24,000 favorable O B. $24,000 unfavorable OC. $210,900 unfavorable OD. $210,900 favorable The actual cost of direct labor per hour is $11.00 and the standard cost of direct labor per hour is $10.50. The direct labor hours allowed per finished unit is 0.75 hour. During the current period, 6,100 units of finished goods were produced using 3,200 direct labor hours. How much is the direct labor rate variance? O A. $1,600 favorable O B. $3,050 unfavorable OC. $3,050 favorable OD. $1,600 unfavorable

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 19:30

In business,what would be the input, conversion and output of operating a summer band camp

Answers: 1

Answer

Business, 21.06.2019 21:40

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

Answers: 2

Answer

Business, 22.06.2019 12:40

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false

Answers: 3

Answer

Business, 22.06.2019 17:40

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above

Answers: 3

Answer

You know the right answer?

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variab...

Questions