Determining actual overhead coasts

Assignment Help Accounting Basics

Reference no: EM13148404

Delta Company's flexible budget formula for overhead costs is $100,000 per month fixed costs plus $26.00 per unit variable costs. Standard volume is 5,000 units a month. Actual overhead coasts for June were $280,000, and output was 6,000 units.

Required:

Determine for June

a. Budgeted overhead at standard volume

b. Overhead absorption rate

c. Overhead costs absorbed in June

d. Junes overhead production volume variance

e. Junes' overhead spending variance

f. Junes net overhead variance

Reference no: EM13148404

Questions Cloud

What is the employment rate : What is the employment rate? B. Suppose the government sets a minimum hourly wage of $8. How many workers would lose their jobs?

Calculate the number of map units between them : What is the maximum distance (in map units) that can exist between two linked genes? Explain your reasoning.

The earth generates the earth''s magnetic field? : What is the term for layer of sea floor sediment that were deposited by fast-moving submarine avalanches of sediment mixed with sweater?Which layer within the earth generates the earth's magnetic field?

Does the company behave like a monopoly : Does the company behave like a monopoly or more like a competitive firm? Has the monopoly been cited for monopoly behavior?

Determining actual overhead coasts : Delta Company's flexible budget formula for overhead costs is $100,000 per month fixed costs plus $26.00 per unit variable costs. Standard volume is 5,000 units a month. Actual overhead coasts for June were $280,000, and output was 6,000 units.

Equipment to manufacture specialty spark plugs : SAC is considering the purchase of new equipment to manufacture specialty spark plugs. The new equipment would allow the firm to manufacture 100,000 additional spark plugs per year and is expected to have a useful life of 5 years and to have no sa..

What is the expected outcome : Two recessive disorders in mice- droopy ears and flaky tail-are caused by genes that are located 6 mu apart on chromosome 3.

Discuss the current monopoly to provide a brief overview : Discuss the current monopoly to provide a brief overview of the company. How did the monopoly arise? Did the monopoly increase barriers to entry?

What is the volume of the sample : A 250.0 mL sample of chlorine gas is collected when the barometric pressure is 798 mmHg. What is the volume of the sample after the barometric pressure dropped to 745 mmHg?

User Account

All Pages