Overhead variance and cost of goods sold

Assignment Help Accounting Basics

Reference no: EM13913453

Budgeted overhead is $60,000, budgeted direct labor hours are 3,000, actual overhead is $64,000, and direct labor hours are 3,230. Unadjusted cost of goods sold is $135,670.

A. Calculate the overhead variance.

B. What is adjusted cost of goods sold?

Reference no: EM13913453

Questions Cloud

Cost-cutting proposals : Cost-Cutting Proposals [LO2] Warmack Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $450,000 is estimated to result in $180,000 in annual pretax cost savings.

Unearned revenue appear : Where do unearned revenue appear

Determine the actual frequency of the guitar string : You pluck a G string on a guitar which should be 196hz, and you wish to tune this string. A tuning fork is known to vibrate at 196hz is simultaneously struck, and in a time period of 10s you count 17 beats. Determine the actual frequency of the gu..

About the the risk-free rate of return : The stock of Big Joe's has a beta of 1.14 and an expected return of 11.2 percent. The risk-free rate of return is 3 percent. What is the expected return on the market? 11.89 percent 8.90 percent 8.20 percent 8.57 percent 10.19 percent

Overhead variance and cost of goods sold : Calculate the overhead variance.What is adjusted cost of goods sold

Share and has announced that it will increase the dividend : Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $8.50 per share and has announced that it will increase the dividend by $6.50 per share for each of the next four years, and then never pay another dividend. Require..

What do you propose to improve the pes at falcon : Please comment on the following quote: "We can have good a good subsidiary and a bad manager. Or we can have a bad subsidiary and a good manager. Each of these two combinations can occur at the same time and space".

Prepare tax returns : Do not prepare tax returns for any other individuals mentioned in the problem

A nonfinancial performance measure is often used to evaluate : A nonfinancial performance measure is often used to evaluate the

User Account

All Pages