Standards for variable manufacturing overhead

Assignment Help Financial Accounting

Reference no: EM13825365

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard hours per unit of output ----------- 2.7 hours

Standard variable overhead rate ------------ $13.05

The following data pertain to operations for the last month:

Actual hours ------------------------------------------------ 2,400 hours

Actual total variable manufacturing overhead cost --- $30,360

Actual output ----------------------------------------------- 600 units

What is the variable overhead efficiency variance for the month?

a. $9,219 U

b. $10,179 U

c. $9,867 U

d. $648 U

Reference no: EM13825365

Questions Cloud

The net cash flow provided by operating activities : Last year Burford Company's cash account decreased by $19,000. Net cash used in investing activities was $9,000. Net cash provided by financing activities was $16,000. On the statement of cash flows, the net cash flow provided by (used in) operating ..

Cash collections in march should be budgeted : Avril Company makes collections on sales according to the following schedule: Cash collections in March should be budgeted to be:

What will happen to price and output in the market : The question relates to Economics, Micro-economics and it is explain about a duopoly forming a cartel between themselves. What can happen to the price and output in the market has been discussed in the answer.

The velocity of money is equal to pq/m : The velocity of money is equal to PQ/M. Hence, V = PQ/M. This is related to the equation of exchange and is just a rearrangement of the equation MV = PQ. a. true b. false

Standards for variable manufacturing overhead : The following standards for variable manufacturing overhead have been established for a company that makes only one product: What is the variable overhead efficiency variance for the month?

Substantive due process violations : What standards does the US Supreme Court use when it reviews a law for substantive due process violations? What kinds of laws have been found to violate substantive due process? Include proper in-text citations in APA format to support your answ..

What is the variable overhead efficiency variance for month : The following standards for variable manufacturing overhead have been established for a company that makes only one product: What is the variable overhead efficiency variance for the month?

Preparing and analyzing an annual report for a company : This problem belongs to Accounting and it is about collecting, preparing and analyzing an annual report for a company listed on the Australian Securities Exchange. For this purpose, the data from Billabong International Ltd has been taken

Central depository system and a central security depository : What is the difference between a central depository system and a central security depository

User Account

All Pages