User Account

All Pages

Variable overhead rate

Assignment Help Managerial Accounting
Reference no: EM132104935

The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of 150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $9,500 VARIABLE AND $6,050 FIXED, and standard hours allowed for the product produced in June was 3,000 hours. The total overhead variance is

Reference no: EM132104935

Questions Cloud

Write a python simulation to experimentally verify problem : Write a Python simulation to experimentally verify the Monty Hall problem. Your simulation should run a large number of trials for two scenarios.
Why pathology collector should follow communication protocol : CHCCOM005 Communicate and Work in Health or Community Services -HLT37215 Certificate III in Pathology Collection - Why is it important for you to listen
Assign the cost of the copy center to department : How would you assign the cost of the copy center to each department? Why?
How do you prepare flexible expense budget that reflects : How do you prepare flexible expense budget that reflects what each expense should have been for 2016 in the Bellaire Clinical Lab?
Variable overhead rate : The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead cost
Predetermined overhead rate for zane company : The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead
Explain how concepts such as panopticism : explain how concepts such as panopticism, control, and discipline may be relevant to management accounting
What is the quantity of framing and glass : Ending inventory should be 150 percent of beginning inventory. What is the quantity of framing and glass that Holt Frames is to purchase during April.
Preparing an operating budget-sales budget : There are several examples in the book I am unsure what one to follow. Here is the question. Any assistance would be great.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Fifo inventory costing method

A. Under the FIFO inventory costing Method and the perpetual inventory system, how much is Deadwood Trading's cost of goods sold for the sale on March 15?

  Calculate the annual ordering costs and annual carrying cost

Calculate the annual ordering costs, the annual carrying costs and their sum for purchase-order quantities of 300, 500, 600, 700 and 900, using the formulae described in this chapter.

  Natura and shanghai jahwa bring the ekos and heborist brand

Analyze a given case and assume you are an investor interested in helping Natura and Shanghai Jahwa bring the Ekos and Heborist brand, respectively, to developed countries. Assume that both companies are currently in their pre-internationalization st..

  Prepare the journal entries for any impairment loss

Prepare the journal entries for any impairment loss occurring at 30 June2015. Carrying amount of assets=$1 500 000 and Recoverable amount=$1 420 000

  Prepare a flexible budget report for the year

ACT502 - Prepare a flexible budget report for the year and What was the primary causes of the loss in net income - management of Montana Farm

  Analyzing profitability for a product

Analyzing profitability for a product is paramount for a company. After reviewing the resources for this Unit, which analysis tool or tools are most important

  Prepare journal entries for the month of september

Tavella Co.'s August 31 inventory of raw materials is $ 150,000. Raw materials purchases in September are $ 400,000, and factory payroll cost in September is $ 232,000.

  List and describe in detail the seven tasks

You are a salesperson for Proctor and gamble selling Tide detergent. List and describe in detail the seven tasks that you or any other salesperson must perform in your profession.

  Firm operates a truck on a job contracting basis

A)  A firm operates a truck on a job contracting basis. The job requests is Poisson distributed with a mean request rate of 1.5 per day. The average service time is 3.75 hours and is exponentially distributed. Determine all the performance measures a..

  A statement of stockholders equity for the year ended

Prepare a statement of stockholders' equity for the year ended December 31, 2015

  Principle motives for holding cash-near cash assets

Briefly identify and explain the principle motives for holding cash and near cash assets. What are the risk-return trade-off associated with inventory management?

  Strategic management principles and technologies

use strategic management principles and technologies in making and assessing business decisions for profit and not for profit organisations and evaluate and use quantitative and qualitative information to measure financial and non financial perfor..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd