Solution-What is the controllable overhead variance

What is the controllable overhead variance

Assignment Help Cost Accounting

Reference no: EM13540623

Bobcat Inc.'s total predetermined overhead rate is $50 per hour based on a monthly capacity of 58,000 machine hours. Overhead is 30 percent variable and 70 percent fixed.

During September 2010, Bobcat Inc. produced 5,100 units of product and recorded 60,000 machine hours. September's actual overhead cost was $2,927,000. Each unit of product requires 12 machine hours.

a. What were standard hours for September?

b. What is total monthly budgeted fixed overhead cost?

c. What is the controllable overhead variance?

d. What is the noncontrollable overhead variance?

Reference no: EM13540623

Questions Cloud

Determine deer parks net income for 2008 : Determine Deer Parks net income for 2008 and prepare a balance sheet for Deer Park as of December 31, 2008.

Determine its angular acceleration and angular speed : Calculate the net torque about the asle of the wheel assuming that a friction torque of .40m*N opposes the motion. determine its angular acceleration and angular speed

Find the fans angular acceleration, assumed constant : A cooling fan is turned off when it is running at 175rpm. What was the fan's angular acceleration, assumed constant

Record the depreciation on fitness equipment : Record the depreciation on fitness equipment

What is the controllable overhead variance : What were standard hours for September, what is total monthly budgeted fixed overhead cost and what is the controllable overhead variance?

What is its speed when the displacement is given : A simple harmonic oscillator has an amplitude of 3.5cm and a max speed of 28cm/s. What is its speed when the displacement is 1.75cm

How multiple-step income statement provide information : Explain how a multiple-step income statement format can provide useful information to a financial statement user

Compute what is the angular speed : If a 200 kg, 3 m radius merry-go-round was spinning at 1 rev/s and you dropped a 25 kg bag of sand vertically onto the edge of the platform, what is the angular speed

Ground-state wavefuntion of a hydrogen atom : The ground-state wavefuntion of a hydrogen atom is Y=(1/((pi)a^3))^(1/2)*e^(-r/a) where a=bohr radius. a) calculate probability that the electron will be found within a small sphere of radius 1pm on the nucleus. b) no what if the sphere is at r=a. Wh..

User Account

All Pages

What is the controllable overhead variance

Reference no: EM13540623

Reference no: EM13540623

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT