User Account

All Pages

Find the variable overhead efficiency variance is

Assignment Help Managerial Accounting
Reference no: EM132529349

Given the following data:

Actual units produced: 15,000

Actual variable overhead incurred: $49,800

Actual machine hours worked: 15,000

Standard variable overhead cost per machine hour: $3.40

Question 1: If overhead is applied based on machine hours and it is estimated to take 1.10 machine hours to manufacture a unit, the variable overhead efficiency variance is:

Reference no: EM132529349

Questions Cloud

What the mostly likely explanation for the variance is : If 7,000 board feet of material was actually used and the direct materials price variance was $1,750 U, the mostly likely explanation for this variance is
Does Dennis have short-term or long-term gain or loss : On April 19, 2019, Dennis sold the stock for $13,000. Does Dennis have short-term or long-term gain or loss and how much
The civil rights act of 1964 : The Civil Rights Act of 1964 (CRA) has been amended/modified by subsequent laws to include such protections as AGE, PREGNANCY and DISABILITY
Proportion of consumers preferring : Choose the type of test from the following list:
Find the variable overhead efficiency variance is : If overhead is applied based on machine hours and it is estimated to take 1.10 machine hours to manufacture a unit, the variable overhead efficiency variance is
Classify each cost as a product cost or a period cost : Arcadia Company, who manufactures recreational vehicles, incurred the costs during the current year. Classify each cost as a product cost or a period cost.
What should be the loss recognized from the sale : On March 1, 2018, the machine was sold for $66000. What should be the loss recognized from the sale of the machine
Draw a fully labelled box plot of these data : Suppose a research believes that the mean age of all race car drivers is greater than 30 years. To test this claim, she randomly sampled 11 drivers and obtained
Use of fertility drugs and ovarian cancer : Stanford University medical researchers conducted a study on the correlation between the use of fertility drugs and ovarian cancer.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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