The following standards for variable overhead have been established for a company that makes only one product:
Standard hours per unit of output 6.7 hours
Standard variable overhead rate $13.50 per hour
The following data pertain to operations for the last month:
Actual hours 9,600 hours
Actual total variable overhead cost $125,220
Actual output 1,420 units
Required:
a. What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Omit the "$" sign in your response.)
Variable overhead rate variance $ (Click to select)FUNone
b. What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Omit the "$" sign in your response.)
Variable overhead efficiency variance $ (Click to select)FUNone
Answers: 2
Business, 22.06.2019 10:30
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.
Answers: 2
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
Business, 23.06.2019 11:30
Which of the following is/are required to be in writing under the ucc's statute of frauds? a. a $10,000 oral contract dealing with specially manufactured goods. b. a $550 oral contract dealing with unique goods. c. a $100,000 oral contract involving the lease of goods where the defendant admits the existence of the contract in court. d. a $12,000 oral contract where the seller ships the goods and the buyer takes possession of half of the goods. e. all of the above.
Answers: 1
Business, 23.06.2019 15:10
Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:
Answers: 2
The following standards for variable overhead have been established for a company that makes only on...
Mathematics, 10.10.2021 01:00
Biology, 10.10.2021 01:00
Mathematics, 10.10.2021 01:00
English, 10.10.2021 01:00
Biology, 10.10.2021 01:00
History, 10.10.2021 01:00
Mathematics, 10.10.2021 01:00
Mathematics, 10.10.2021 01:00