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Calculate the actual direct labor hours worked

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Q1. The following data relates to the finishing department of Tirade Corporation for the 4th quarter: Total actual overhead, $178,500; Budget allowance formula, $110,000 plus $0.50 per direct labor hour; Predetermined factory overhead rate, $1.50 per direct labor hour; Spending variance, $8,000 unfavorable; Efficiency variance, $9,000 unfavorable. The total factory overhead is divided into 3 variances - spending, idle capacity and efficiency. Calculate the actual direct labor hours worked in the finishing department during the 4th quarter.

Q2. Vile Company produces a single product. Information concerning the company's 1st year of operations appear below:

Units produced - 10,000

Units sold - 9,000

Selling price/unit - $60

Direct material - $15

Direct labor - $5

Variable overhead - $2

Variable selling and administrative - $4

Fixed overhead - $200,000

Fixed selling and administrative - $70,000

If the company produces 12,000 units and sells 13,000 units in the 2nd year, how much higher or lower will the variable operating income be compared to absorption operating income?

Reference no: EM133089571

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