Solution-Determine what is the variable overhead efficiency

Determine what is the variable overhead efficiency variance

Reference no: EM132547974

Moonbeam Company

Moonbeam Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Moonbeam produced 5,000 units:

Standard: DLH per unit3.00

Variable overhead per DLH$1.80

Fixed overhead per DLH$3.25

Budgeted variable overhead$27,250

Budgeted fixed overhead$49,500

Actual: Direct labor hours16,000

Variable overhead$31,325

Fixed overhead$49,750

Question 1: Refer to Moonbeam Company. Using the four-variance approach, what is the variable overhead efficiency variance?

a.$1,800 F
b.$ 250 U
c.$1,800 U
d.$ 250 F

Reference no: EM132547974

Questions Cloud

Describe a scenario where a mutation : Describe a scenario where a mutation in Akt would contribute to a cancer phenotype.

Find what is the fixed overhead spending variance : Moonbeam Company uses a standard cost system,Using the four-variance approach, what is the fixed overhead spending variance?

What directly initiates a map kinase cascade : What directly initiates a MAP kinase cascade? These kinases ultimately influence what process?

What catalyzes vesicle fusion with its target membrane : What catalyzes vesicle fusion with its target membrane?

Determine what is the variable overhead efficiency variance : Refer to Moonbeam Company. Using the four-variance approach, what is the variable overhead efficiency variance?DLH per unit3.00

Discussion on effect of the estimate of production volume : Identify the important assumptions that your argument is based on if needed. discussion on the effect of the estimate of production volume

Biology uni prep-the diversity of living things : How did the development of internal supporting skeletons help chordates conquer the land?

Journalize the adjusting entries : Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense

Prepare income statement for month using absorption cost : Prepare a Income Statement for the month using the absorption cost method. Clean Water Sdn Bhd is a manufacturer of water filters for home use.

User Account

All Pages

Determine what is the variable overhead efficiency variance

Reference no: EM132547974

Reference no: EM132547974

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT