Reference no: EM132438367
The (partial) cost sheet for the single product manufactured at Vienna Company follows.
Direct labor(22 hours @ $25)$550 Variable overhead(22 hours @ $2) 44 Fixed overhead(22 hours @ $4) 88
The master budget level of production is 92,000 direct-labor hours, which is also the production volume used to compute the fixed overhead application rate. Other information available for operations over the past accounting period include the following.
Actual variable overhead incurred$142,000 Actual fixed overhead incurred 384,200 Direct labor efficiency variance 172,000UVariable overhead price variance 40,000F
Required:
a. What was the variable overhead efficiency variance?
b. What was the fixed overhead price variance?
c. What was the fixed overhead production volume variance?
(For all requirements, indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)
Use of absorption costing in a manufacturing
: Develop and explain an argument either for or against the use of absorption costing in a manufacturing, service and retail companies?
|
What did madoff do that was illegal and unethical
: What did Madoff do that was illegal and unethical? What lessons can be learned from Madoff's scandal? Your paper should be double-spaced and include a centered.
|
Special-order decision-traditional analysis
: Feinan Sports, Inc., manufactures sporting equipment, including weight-lifting gloves. A national sporting goods chain recently submitted a special order
|
Examine the costs of production for netflix
: Examine the costs of production for Netflix. Analyze the various costs Netflix faces, their trends over time, and how they have impacted Netflix's profitability
|
Single product manufactured at vienna company
: The (partial) cost sheet for the single product manufactured at Vienna Company follows.
|
Describe a specific situation where a shortage occurred
: Using demand and supply analysis, describe a specific situation where a shortage occurred. Why were prices unable to adjust in this market?
|
Preceding projections and budget requirements
: Based on the preceding projections and budget requirements for Thingone and Thingtwo, prepare the following budgets for 2012:
|
Determine how do you respond to your job
: Based on the mentioned above, how do you respond to your job, what are some of your strengths that help you to enjoy your job? Do you think changing attitude.
|
What is the vested benefit joan
: What is the vested benefit Joan is entitled to receive from PDEK for her retirement?
|