User Account

All Pages

What is the fixed overhead production-volume variance

Assignment Help Accounting Basics
Reference no: EM132737015

Question - Gus Corporation manufactured 10,000 golf bags during April. The fixed overhead cost-allocation rate is $40.00 per machine-hour. The following fixed overhead data pertain to March: Actually incurred Production of 10,000 units, Actual Machine-hours of 5,100 hours and Actual Fixed overhead cost for March of $244,000. Static Budgets was Production of 12,000 units, Machine-hours of 6,000 hours and Fixed overhead cost for March of $240,000. What is the fixed overhead production-volume variance?

A. $4,000 unfavorable

B. $36,000 favorable

C. $40,000 unfavorable

D. $44,000 unfavorable

Reference no: EM132737015

Questions Cloud

What strategies and tactics were effective : What strategies and tactics were effective or ineffective in creating positive organizational change? What strategies and tactics would have worked better?
Benefits can be gained from using private information : What other benefits can be gained from using private information before others have access to that same information?
Prepare a classified balance sheet : Interest of P500 on the notes payable has accrued during August. Prepare a classified balance sheet assuming P35,000 of the notes payable are long-term
Global and online marketing strategy presentation : What values or patterns of values are relevant to purchase and use of the product/service?
What is the fixed overhead production-volume variance : Machine-hours of 6,000 hours and Fixed overhead cost for March of $240,000. What is the fixed overhead production-volume variance
What are most proud of concerning efforts : What are you most proud of concerning your efforts? Where might you have done things better or differently? What will be your key "take aways"?
Contribution of employees attaining organizational goals : The primary function of HRM is to increase the effectiveness and contribution of employees attaining organizational goals and objectives.
What is the weighted-average interest rate : Blossom Company borrowed $1,115,400 on March 1 on a 5-year, 13% note to help finance construction of the building. What is the Weighted-average interest rate
Deming philosophy and deming : Appraise how the Deming philosophy and Deming's 14 points may apply to the product or service selected.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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