User Account

All Pages

How much is the controllable overhead spending variance

Assignment Help Accounting Basics
Reference no: EM131796393

Question - The Uptown Company uses standard costing. Variable overhead is applied at $8 per direct labor hour. Data for the month of September follows:

Actual variable costs $78,000

Standard hours allowed for actual production 10,000

Actual Hours worked 9,800

How much is the controllable overhead spending variance?

$2,000 favorable

$400 favorable

$400 unfavorable

$2,000 unfavorable

Reference no: EM131796393

Questions Cloud

Give the null and alternative hypotheses : Suppose you wanted to test the claim that more than half of French citizens support revising the tax regime and structure.
What is the forward exchange rate of swedish krona : If the interest parity holds, what is the forward exchange rate of Swedish krona per U.S. dollar? Round your answer to 2 decimal places.
Discuss the alignment of firm organizational structure : Discuss the alignment of a firm's organizational structure with its strategy and how can a company link rewards to strategically relevant performance outcomes.
Are these numbers statistics or parameters : A study of all the employees at an office showed a mean weight of 60.4 kilograms and a standard deviation of 1.5 kilograms.
How much is the controllable overhead spending variance : The Uptown Company uses standard costing. How much is the controllable overhead spending variance
Display joint distribution tables : Let X1 and X2 be the numbers obtained on two of a fair die, Let Y1 = max (X1, X2) Y2 = min(X1, X2). Display joint distribution tables for a) (X1, X2).
Sketch the curve and label on the x-axis : Find the probability that a randomly selected score will be bigger than 80. Shade the region under the Normal curve whose area corresponds to this probability.
Calculate book value of an asset : Calculate book value of an asset. Round the answer to two decimals.
What is the amount of cash that hornet receives today : Hornet Corporation has a loan agreement that provides it with cash today, Hornet agrees to pay 10% interest. What is the amount of cash that Hornet receives

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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