Rate and efficiency variances for variable overhead

Assignment Help Accounting Basics

Reference no: EM1310292

Vitko Corporation makes automotive engines. For the most recent month, budgeted production was 6,000 engines. The standard power cost is $8.80 per machine hour. The company's standard indicates that each engine requires 6.1 machine-hours Actual productions was 6,400 engines. Actual machine-hours were 38,730 machine-hours. Actual power cost totalled $350,628.

Determine the rate and efficiency variances for the variable overhead item power cost and indicate whether those variances are unfavourable or favourable.

Reference no: EM1310292

Questions Cloud

How far does muon travel before coming to rest : A converging lens has a focal length of f = 22.0 cm. An object is placed 41.0 cm from the lens. Find the size of the image in cm if the object has a height of 4 cm. express answer with one decimal place.

Computation of degree of financial leverage : Computation of Degree of financial leverage, operating leverage, degree of combined leverage and what equations to use

Compute the maximal value v1max : An ice block is pushed horizontally on a frictionless surface with initial velocity v0. At some point, it comes to the nearly semicircular bump with a radius R=0.42m and the height h=0.33m above the ground.

Evaluate the net sales revenue : Evaluate the following for Les Fleurs during 20X2 Net sales revenue, Cost of goods sold and Gross profit

Rate and efficiency variances for variable overhead : Determine the rate and efficiency variances for the variable overhead item power cost and indicate whether those variances are unfavourable or favourable.

Scheduling and network analysis. : Facing problem in scheduling and in network analysis so please provide me solution.

Computing the annual present value cost of maintenance : Compute the annual present value cost of maintenance (15 years).

What is the gas pressure inside cylinder : The proper length of one spaceship is 2.8 times that of another. The two spaceships are travelling in the same direction and, while both are passing overhead, an Earth observer measures the two spaceships to be the same length.

Determine the after-tax cost to maturity : For each of the following $1000-par-value bond, assuming annual interest payment and a 40% tax rate, determine the after-tax cost to maturity using the approximation formula.

User Account

All Pages