What is DC variable overhead efficiency variance

Assignment Help Accounting Basics
Reference no: EM132893674

Question - Desks Company (DC) provided the following information:

Budgeted Variable Manufacturing Overhead (VOH): $54,000

Budgeted Fixed Manufacturing Overhead (FOH): $162,000

Budgeted Production: 18,000 units

Budgeted Direct Labor Hours (DLH): 27,000 hours

Budgeted DLH per Unit: 1.5 DLH

Standard: VOH 1.5 DLH @ $2 per Hour: $3 per unit

Standard: FOH 1.5 DLH @ $6 per Hour: $9 per unit

Actual VOH: $68,250

Actual FOH: $148,000

Actual Production: 20,000 units

Actual DLH: 32,500

Based on the above information and assuming that DLH is a useful predictor of VOH, what is DC's variable overhead efficiency variance?

A: $5,000 Unfavorable

B: $3,250 Unfavorable

C: $3,250 Favorable

D: $5,000 Favorable

Reference no: EM132893674

Questions Cloud

Explain the role of Superannuation : Question - Explain the role of Superannuation and also Superannuation plans in your own understanding
What marketing strategies are being used : Select a product that you know well. What intermediaries do you think were used in bringing this product to market? What services do the intermediaries provide?
What is the classified statement of financial position : Cash dividends of $360,000 were declared and paid. Dividends paid are treated as financing activities. What is the Classified Statement of Financial Position
International strategy in the sharing economy : "International Strategy in the Sharing Economy." How are companies in the sharing economy like Uber, Lyft, and Airbnb changing the traditional norms of both bus
What is DC variable overhead efficiency variance : Based on the above information and assuming that DLH is a useful predictor of VOH, what is DC's variable overhead efficiency variance
Petitioner no 15-7 vs united states and massachusetts : In the supreme Court of the United States Universal Health Services Inc. Petitioner No 15-7 Vs United States and Massachusetts, EX REL Julio Escobar And Carmen
Importance of perception in organizational behave : What is the importance of perception in organizational behave?
Explain the concept of imitability : Explain the concept of imitability.? Explain the correlation between the success and failure of global firms and the institution- and resource-based views
Preparation of consolidated financial statements : Explain the adjustments that may be required as part of the consolidation process and Explain the purpose of the pre-acquisition entries in the preparation

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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