Total controllable cost variance

Assignment Help Accounting Basics

Reference no: EM13125301

A company's flexible budget for 48,000 units of production showed variable overhead costs of $72,000 and fixed overhead costs of $64,000. The company incurred overhead costs of $122,800 while operating at a volume of 40,000 units. The total controllable cost variance is:

$ 1,200 favorable.

$ 1,200 unfavorable.

$13,200 favorable.

$13,200 unfavorable.

$15,200 favorable.

Reference no: EM13125301

Questions Cloud

Sum and product of two numbers : Find two numbers whose product is 192 and the sum of the first plus three times the second is a minimum.

Illustrate what are ed and his widow gross income : After Ed's death, his former employer paid Ed's widow $12,000 in "her time of need." Ed's widow also collect $25,000 on a group term insurance policy paid for by Ed's employer. Illustrate what are Ed's and his widow's gross income?

Explain review of statistical research performed by others : This paper is a detailed and comprehensive review of statistical research performed by others on a business related topic of the student's choice.

Calculate the contribution margin for each product : Calculate breakeven volume in total dollars if the sales mix is 2 units of X for every 3 units of Y.

Total controllable cost variance : A company's flexible budget for 48,000 units of production showed variable overhead costs of $72,000 and fixed overhead costs of $64,000. The company incurred overhead costs of $122,800 while operating at a volume of 40,000 units. The total contro..

Why vectors qr and rq are not equivalent : Explain why vectors QR and RQ are not equivalent. Explain when the elimination method for solving a system of equations is preferable to the substitution method. Give examples.

Find out kens gross income : Assume Ken’s modified adjusted gross income for purposes of the bond interest exclusion and for determining the taxability of his Social Security benefits is $70,000 and that Ken files as a single taxpayer. Find out Ken’s 2009 gross income

What amount should moon report as interest expense : On January 1, 2001, Moon Co. sold $500,000 of its 10-year, 10% bonds for $450,650. Interest is payable semiannually on January 1 and July 1. Using the effective interest method, what amount should Moon report as interest expense for the six month..

What would be the amortization expense for 2013 : Assume that the lessor retains title to the machine at the expiration of the lease, that there is no bargain renewal or purchase option, and that the fair value of the equipment is $1,420,000 as of the lease date. Using the criteria for distinguis..

User Account

All Pages