Reid shaw company produces one product a putter called

Reference no: EM13581839

Reid Shaw Company produces one product, a putter called GO-Putter. Shaw uses a standard cost system and determines that it should take one hour of direct labor to produce one GO-Putter. The normal production capacity for this putter is 101,400 units per year. The total budgeted overhead at normal capacity is $883,194 comprised of $248,430 of variable costs and $634,764 of fixed costs. Shaw applies overhead on the basis of direct labor hours.

During the current year, Shaw produced 84,300 putters, worked 88,300 direct labor hours, and incurred variable overhead costs of $181,500 and fixed overhead costs of $617,653.

Compute the predetermined variable overhead rate and the predetermined fixed overhead rate. (Round answers to 2 decimal places, e.g. 2.25.)

Predetermined variable overhead rate $
Predetermined fixed overhead rate $

Compute the applied overhead for Shaw for the year$

Compute the total overhead variance$

Reference no: EM13581839

Questions Cloud

Hanna railroad co is about to issue 277000 of 9-year bonds : hanna railroad co. is about to issue 277000 of 9-year bonds paying a 12 interest rate with interest payable

On january 1 20x6 climber corporation acquired 90 percent : on january 1 20x6 climber corporation acquired 90 percent of wisden corporation for 180000 cash. wisden reported net

If the owner of kint wants the estimate to be within one : question a survey is being conducted by kint univsion tv to find out how much time maquila company executives spend

Finishing touches has two classes of stock authorized 8 10 : finishing touches has two classes of stock authorized 8 10 par preferred and 1 par value common. the following

Reid shaw company produces one product a putter called : reid shaw company produces one product a putter called go-putter. shaw uses a standard cost system and determines that

What are the principal benefits for operating a landfill : a.what are the principal benefits for operating a landfill that acts as a bioreactor and what waste characteristics

The wester refineria company statistician wants to : question the wester refineria company statistician wants to estimate the proportion of customers who use a credit

Assuming that this company is a seed-stage company with no : a new internet company anticipates that it will need 30 million in venture capital in order to obtain a 1 billion

You are the assistant financial manager for the florida : you are the assistant financial manager for the florida sale away corporation. the chief financial officer ask to you

User Account

All Pages