Standard company has developed standard manufacturing

Assignment Help Accounting Basics

Reference no: EM13394121

Standard Company has developed standard manufacturing overhead costs based on a capacity of 180,000 direct labor hours as follows:

Standard overhead costs per unit:

Variable portion 2 hours @ $3 = $ 6 per unit

Fixed portion 2 hours @ $5 = $10 per unit

The following data pertain to operations in April:

Actual output 80,000 units

Actual direct labor cost $644,000

Actual direct labor hours worked 165,000 hours

Actual variable overhead cost incurred $518,000

Actual fixed overhead cost incurred $860,000

The fixed overhead volume variance for April was:

$ 60,000 favorable.

$100,000 favorable.

$ 60,000 unfavorable.

$100,000 unfavorable

Reference no: EM13394121

Questions Cloud

To examine impact of trade between two regions deduce : for your next consulting assignment you are employed by the european trade commission to examine the consequences of an

Describe the economic analysis of the different activities : 1 explain the economic analysis of the various activities associated with developing a new product.at least 200 words

Following information describes the new project cost of new : following information describes the new project cost of new plant and equipment 7900000 shipping and installation

What is the practice that allows companies to maximize : 1 which companies have launched a website without any previous existence as a firm?2 what is an ultimate form of

Standard company has developed standard manufacturing : standard company has developed standard manufacturing overhead costs based on a capacity of 180000 direct labor hours

The marketing audit reviews six components of the overall : 1.which of the following is true regarding a marketing audit? 2.marketing effectiveness rating instruments and

Draw new consumer and producer surplus in the graph : youre part of a group of economic consultants supporting the government of sweden. sweden wants to liberalize trade in

Job 1 will take one hour on machine a and three hours on : a machine shop has two machines a and b. four jobs need to be processed through machine a first and b second. job 1

What function does a companyrsquos public relations : 1.tbs bikes has recently introduced a series of bikes called surami. the core positioning of tbs bikes is

User Account

All Pages