How much is the actual variable overhead incurred

Assignment Help Cost Accounting
Reference no: EM133063634

Question - Snowball Company gave you the following information which is a result of the factory overhead applied in Dept 1: Spending variance is 1,500 unfavorable, Efficiency variance is favorable 500. If the standard variable overhead based on actual hours is 4,500, how much is the actual variable overhead incurred by Dept 1?

a. 5,000

b. 4,000

c. 6,000

d. 5,500

Reference no: EM133063634

Questions Cloud

Compute the payoffs of firms : 1. Assume that c = 0 and compute the payoffs of both firms (i.e., profits) in the cases of Monopoly, Cournot duopoly, and aggressive behaviour.
Compute the yield to maturity : They have 10 years to maturity. Annual interest is 13 percent ($130), paid semiannually. Compute the yield to maturity
Describe the cookie production process : Briefly describe the cookie production process. What are two ways that the company has increased productivity?
Why some experts claim that globalization is not good : Why some experts claim that globalization is not good for poor developing societies?
How much is the actual variable overhead incurred : If the standard variable overhead based on actual hours is 4,500, how much is the actual variable overhead incurred by Dept 1
What is the amount of labor the firm : A paint manufacturing company has a production function Q = 2K + 2L^1/2.
What do you foresee as consequences : How should Turnadot approach the owner and how hard should it push the negotiations? What do you foresee as the consequences of this approach?
Discuss the effects that discontinuing needed services : Discuss the effects that discontinuing needed services, such as labor and delivery, would have on the community and the hospital's organizational climate.
Supplier selection : Supplier selection is now a global concern, with competition coming from countries all over the world. Circumstances like hurricanes, earthquakes

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare financial statements as of april 30

Adjusting journal entries to prepare financial statements as of April 30.Depreciation on the company's equipment for 2015 is $18,000.

  Prepare journal entries to record the production activit

Prepare the journal entries to record the production activity. Prepare the Statement of Cost of Goods Manufactured for May.

  How much after-tax cash flow will remain for reinvestment

How much after-tax cash flow will remain for reinvestment in the business? How much after-tax cash flow will Agatha have from the withdrawal?

  Determine the impact on income in year

Determine the amount at which the inventory should be reported on December 31 Year 1 balance sheet using the following information: Historical cost

  What karvel would have

Actual results for the period were manufacturing overhead costs of $290,000 and 75,000 machine-hours. As a result, Karvel would have

  What gross profit for the year for fundador inc

Fundador Inc. manufactures X product from process, What gross profit for the year if the net revenue from by-product is presented as additional sales revenue is

  What is the low-cost hedging alternative for plantronics

What is the low-cost hedging alternative for Plantronics? What is the cost?

  Calculate the breakeven point for the project

Denise has now approached you, a highly capable Hobart team of management and cost accountant. Calculate the breakeven point for the project?

  What is the financial advantage of further processing

What is the financial advantage (disadvantage) of further processing one T-bone steak into filet mignon and New York cut steaks

  Calculate the net present value of the dock

The company anticipates annual cash flows of $140,000 resulting from the new clock. Calculate the net present value of the dock

  Determine the adjustments that moxie would make

Determine the adjustments that Moxie would make in 2013 and 2014 to reconcile net incomeand stockholders' equity under U.S. GAAP to IFRS and determine the amount Moxie should recognize as research and development expense in2013 under

  Operating profits before income taxes

What will the 451st unit sold contribute to operating profits before income taxes?

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!

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