Find variable overhead spending variance for month

Assignment Help Accounting Basics

Reference no: EM13160222

Suski Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:

Budgeted level of activity ...................................... 7,400 MHs
Actual level of activity .......................................... 7,500 MHs
Cost formula for variable overhead cost ............... $5.90 per MH
Budgeted fixed overhead cost ............................... $60,000
Actual total variable overhead ............................... $42,750
Actual total fixed overhead ................................... $61,000

What was the variable overhead spending variance for the month?

A) $1,500 favorable
B) $590 unfavorable
C) $910 favorable

Reference no: EM13160222

Questions Cloud

How does this variation affect people and corporations : How does the taxation change if the income was $220,874? How does this variation affect people and corporations? Use the graph functions of Word or Excel to assist you-You will need two graphs

Concepts of culture-subculture-counterculture : Compare and contrast the concepts of culture, subculture, counterculture, and social group. Use detailed examples to compare and contrast each.

Find the enzymes ofcellular respiration and photosynthesis : All cells (including prokaryotic cells) undergo cellularrespiration in order to produce energy. Cyanobacteria are bacteriathat undergo photosynthesis.

Simple math quiz that asks a user : Construct a simple math quiz that asks a user to answer a math problem of your choice. On the form, place one text box (txtAnswer) and two command buttons (cmdAskQuestion and cmdVerifyAnswer).

Find variable overhead spending variance for month : Suski Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). What was the variable overhead spending variance for the month?

What is the length of a helical section : What is the length of a helical section of a polypeptidechain of 20 residues? What is its length when it is fully extended?(Hint: this is not easy! Generate right triangles) You need to getbond lengths and angles using trig functions to get the li..

Anticipated payment should be charged : A government expects to pay its electric bill relating to its current fiscal year sometime in the following year. An official of the government requests your advice as to whether the anticipated payment should be charged as an expenditure of the c..

Meaning of the term digital divide : Discuss in a paragraph or two the meaning of the term Digital Divide. Give an example of its existence and what is gained or lost by the society in question.

What concentration of ag+ remains : A 125 ml sample of a solution that is 2.6x10^-3M in AgNO3 is mixed with a 230 ml sample of a solution that is 0.10M in NaCN. After the solution reaches equilibrium, what concentration of Ag+ remains?

User Account

All Pages