Managers of wheldon manufacturing are analyzing variable

Assignment Help Accounting Basics

Reference no: EM13599607

Managers of Wheldon Manufacturing are analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $80,000 in variable overhead but actual variable overhead was $95,000. In computing the overhead variances, Wheldon's management discovered that it had used 3,800 hours of direct labor, rather than the budgeted (Hours of direct labor is the single overhead driver of variable overhead). The standard variable overhead rate per hour of direct labor is $20.00. What is Wheldon's variable overhead spending variance?

Reference no: EM13599607

Questions Cloud

Corporation manufactures several types of accessories for : corporation manufactures several types of accessories. for the year the gloves and mittens line had sales of 500860

This overhead cost will be shared by the purchasing : tylers consulting company has purchased a new 15000 copier. this overhead cost will be shared by the purchasing

The management of kunkel company is considering the : the management of kunkel company is considering the purchase of a 34000 machine that would reduce operating costs by

On march 1 dennis company purchased 200000 10-year 12 bonds : on march 1 dennis company purchased 200000 10-year 12 bonds for 98 plus accrued interest revenue approach and brokerage

Managers of wheldon manufacturing are analyzing variable : managers of wheldon manufacturing are analyzing variable overhead variances for the fiscal period just ended. the

On january 1 2010 alsip corp acquired 30 percent 13000 : on january 1 2010 alsip corp. acquired 30 percent 13000 shares of stone services inc. common stock for 1300000 as a

If the beginning inventory is the same as the desired : beginning inventory 30000 units budgeted sales for the quarter 400000 units desired ending inventory 100000 units1.

Judy sun just received an annual raise of 500 starting with : judy sun just received an annual raise of 500 starting with the current year. if judy anticipates working for eight

The accuracy of accounting records is enhanced by the : the accuracy of accounting records is enhanced by the integrity of internal controls. comment on this statement and

User Account

All Pages