Unfavorable flexible-budget variance

Assignment Help Financial Accounting

Reference no: EM13776909

Elgin Company's budgeted fixed factory overhead costs are $50,000 per month plus a variable factory overhead rate of $4.00 per direct labor hour. The standard direct labor hours allowed for October production were 20,000. An analysis of the factory overhead indicates that in October, Elgin had an unfavorable flexible-budget variance of $1,500 and a favorable production-volume variance of $500. Elgin uses a two-variance analysis of overhead variances.

The applied factory overhead in October is:

a. $129,500.

b. $128,000.

c. $130,000.

d. $130,500.

Reference no: EM13776909

Questions Cloud

Demonstrates the comparison of the four-variance method : Which of the following correctly demonstrates the comparison of the four-variance method of factory overhead analysis to the two-variance method of factory overhead analysis?

Standard and flexible budgeting system : Baker Company has a standard and flexible budgeting system and uses a two-variance analysis of factory overhead. Selected data for the June production activity follows:

What was monroes production-volume variance : The data below relate to the month of April for Monroe, Inc., which uses a standard cost system and a two-variance analysis of factory overhead: What was Monroe's production-volume variance for April?

Url to a current advertisement for an aircraft for sale : Using your search engine, locate the URL to a current advertisement for an aircraft for sale. • Post your URL • Identify all warranties that are expressed in or implied by the ad • Identify any representations in the ad that may be puffery

Unfavorable flexible-budget variance : Elgin Company's budgeted fixed factory overhead costs are $50,000 per month plus a variable factory overhead rate of $4.00 per direct labor hour. The standard direct labor hours allowed for October production were 20,000. An analysis of the factory o..

Cost-benefit relationship of internal controls : Find one recent news article (published within the past three years) relating to internal controls over cash. Search Web sites like those of the New York Times and the Wall Street Journal. Interprets the implications of GAAP in relation to accounting..

Employee participation in improving performance : Many organizations involve workers in creating ideas for improving performance. Accordingly, one company decided to create an employee of the month incentive reward which would be awarded to the employee who most effective in improving the performanc..

The united states of america : Provide the correct name for the following cases: The United States of America v. Thomas Terry Mary Kay Kraft, Mark Johnson, and Vanessa Hays v. Joseph Beazley and the City of Chicago Kerry Handle et al v. The Jamestown Cooperative Kalley Institute v..

Describe the necessary hardware and software components : Your company wants to create an application that allows employees to dial in from a remote location and using a single connection, access their voice mail, e-mail, and data files. What kind of system would allow this? Describe the necessary hardware ..

User Account

All Pages