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Problem - Factory overhead variances - The May Company produced 800 toy cars that required 0.32 standard hour per unit to manufacture. The standard variable factory overhead rate per unit is $15.00 per hour. The actual variable factory overhead was $3,775. The normal productive capacity is 300 direct labor hours, and the standard fixed factory overhead rate is $17.00 per direct labor hour. Thus, the budgeted amount of fixed factory overhead is $5,100 (300 direct labor hours x $17.00 per hour).
Required - Determine the variable factory overhead controllable variance and the fixed factory overhead volume variance.
At normal capacity of 8,000 units, budgeted manufacturing overhead is: $48,000 variable and $135,000 fixed. If Wayman had actual overhead costs of $187,500 for 9,000 units produced, what is the difference between actual and budgeted costs
This commentary is in response to the editorial in your newspaper regarding the Crimes and Harms Committed Against the Elderly, and the lack of protection for many of them. For one thing, when should families be responsible for related older adul..
If the amount of "Cost of Goods manufactured" during a period exceeds the amount of "Total manufacturing costs" for the period then:
Assuming no other changes in accumulated other comprehensive income, determine .
On July 1, 2019, Captain Company paid $3,000,000 for all of the common stock of Bright Sunshine, Inc. Compute the amount of goodwill
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Compute to the nearest dollar the amount of depreciation Goodrich should record on the machine for the years ending 20×1 December 31, and 20×2
Coca Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures (in $ millions) for these businesses over the past year follow.
In process costing, the process is analyzed first and then a unit measure is computed in the form of equivalent units for direct materials.
hinrich entertainment distributes a dvd which sells for 12 per unit. hinrich pays 7 per unit to buy the product.
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