Calculate the actual machine hours used by stark

Assignment Help Managerial Accounting
Reference no: EM132633489

Outdoor Gear Corporation manufactured 5,000 coolers during October. The following variable overhead data relates to October:

Variable overhead spending variance $1600 Unfavorable

Variable overhead efficiency variance $250 Unfavorable

Budgeted machine hours allowed for actual output 720machine hours

Actual cost per machine hour $17

Budgeted cost per machine hour $15

Problem 1: Calculate the actual machine hours used by Stark during October.

A) 723 hours

B) 715 hours

C) 737 hours

D) 722 hours

Reference no: EM132633489

Questions Cloud

Prepare schedule showing gallons of mix transferred : Prepare schedule showing: (1) gallons of mix transferred from the Mixing Department to the Baking Department in August, and (2) gallons of mix started
About the concepts of qualitative research : You learned about the concepts of qualitative research, Describe two ways researchers can communicate their research.
What is the flexed budget profit : For a period, budgeted production and sales were 8,000 units, whilst actual production and sales were 6,000 units. What is the flexed budget profit?
Computing the net cash inflow anticipated from sale : Computing the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year
Calculate the actual machine hours used by stark : Calculate the actual machine hours used by Stark during October. Outdoor Gear Corporation manufactured 5,000 coolers during October.
Agenda setting and lobbying : Explain what role the media might play in overcoming the "second face of power." Why does Birkland compare the third face to Marxist "False Consciousness"?
What june direct material flexible-budget variance is : What June direct material flexible-budget variance is? During June, Heavy Products produced and sold 15,000 containers using 25,000 pounds
Predetermined overhead rate on direct labor-hour- t or f : When the predetermined overhead rate is based on direct labor-hours, the amount of overhead applied to a job is proportional. True/ false
Psychological treatment in correctional settings : Discuss the impacts of the psychological make-up of offenders has on the functional responsibilities of incarceration facilities.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Discuss the merit and shortcoming of the managerial practice

Firms often provide supplemental disclosures that report and discuss income figures that do not necessarily equal bottom-line net income from the income statement. Discuss the merits and shortcomings of this managerial practice.

  What groups managerial accountants interact with closely

They need to interact and provide guidance to a broad range of internal customers. What are some other groups managerial accountants interact with closely?

  What are the cost per equivalent unit for materials

What are the cost per equivalent unit for materials and the cost per equivalent for conversion for the Mixing Department for August using the FIFO method?

  Discuss fully the financial and non-financial implications

Discuss fully the financial and non-financial implications to a major company if it decides to drop a segment.

  Develop an understanding of financial statements structure

HI5001 Accounting for Business Decisions Group Assignment. The assignment aims to develop an understanding of financial statements structure and their use in decision-making. The task is to choose a publicly listed company from the Australian Stock..

  According to martin and steele 2010 p13 the two principal

according to martin and steele 2010 p.13 the two principal professional associations in australia - cpa australia the

  Calculate the dividends if any declared during the year

Calculate the dividends, if any, declared during the year. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative)

  Prepare and income statement for the quarter

Prepare and income statement for the quarter using the contribution approach. Haaki Shop inc is a large retailer of water sports equipment.

  Briefly discuss the operation of process costing

Briefly explain the operation of process costing, including the way the unit costs of finished goods are determined. How managers will use the information

  Reflect on whether or not budgets were effectively applied

Budgets play a critical role in management activities such as planning, controlling and motivating employees. Reflect on whether or not the budgets were effectively applied and whether your experience was positive or negative.

  Purpose and use of management accounting systems

Understanding of the purpose and use of management accounting systems, and its usefulness in aiding managers make informed decisions

  How liquidity and use of working capital ratio would help

Explain how Liquidity and the use of working capital ratio would help in understanding the financial position and results of a company.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd