Machine-hours is the measure of activity

Assignment Help Financial Accounting

Reference no: EM13787541

Machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Budgeted Production in units 1,100

Standard machine hours (MHs) per unit 3

Standard variable overhead per MH $9.65

Budgeted fixed overhead $40,425

The following data pertain to operations for the most recent period:

Actual hours 3,400

Actual units produced 1,026

Actual variable overhead cost $32,980

Actual fixed overhead cost $38,975

1. The overhead applied to products during the period was closest to?

2. The fixed manufacturing overhead budget variance for the period is closest to?

3. The fixed manufacturing overhead volume variance for the period is closest to?

Reference no: EM13787541

Questions Cloud

What causal factors were addressed in the video : Write a 700- to 1050-word paper addressing the selected topic of your choice. Within your paper, be sure to address the following elements: Was the content of your video a personal crime, property crime, or policy issue? What causal factors were ad..

True regarding an indorsers liability on a note : Which of the following is TRUE regarding an indorser's liability on a note?

Senior executive performance management plan : Performance needs to be utilize based on time management and set goals. All the training skills and other factors need to be eliminated in order for the gap to close. Most performance gap are because of the personnel not attending training or failing..

Discuss in detail about countries which have faced in past : Discuss in detail about the countries which have faced epidemics in the past. What would have been the possible reasons for such outbreaks?

Machine-hours is the measure of activity : Machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The overhead applied to products during the period was closest to? The fixed manufacturing overhead volume variance fo..

Results in light of the problem or issue under study : Optimal solutions are determined when a researcher has a thorough understanding of a company and its industry, along with the strengths and weaknesses that impact its future viability. In the second part of your plan, perform a SWOT Analysis (Strengt..

Forensic technologies used to detect criminal activities : 700-800 words about Evolving law enforcement and forensic technologies used to detect criminal activities. Consider how the evolving technologies relate to national and international policymaking

Social media policies : Case Study: Social Media Policies: Are They Legal? Here are several tips for successfully completing this case study. You should incorporate information from the textbook, the lectures, and maybe the discussions to support your position. In other wor..

Link between the ada (1990) and bfoqs issues : How might not appropriately incorporating well defined BFOQs lead to difficulties for the organization?

User Account

All Pages