What is the variable overhead efficiency variance for the

Reference no: EM13578070

The following standards for variable overhead have been established for a company that makes only one product:


Standard hours per unit of output	6.0	hours
Standard variable overhead rate	$14.00	per hour

The following data pertain to operations for the last month:


Actual hours	9,500	hours
Actual total variable overhead cost	$125,150
Actual output	1,570	units

Required:
a.	What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Variable overhead rate variance

(Click to select)FUNone

What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Variable overhead efficiency variance

(Click to select)FUNone

Reference no: EM13578070

Questions Cloud

Assume research in motion invested 834 million to expand : assume research in motion invested 834 million to expand its manufacturing capacity. assume that these assets have a

Holtrop corporation has received a request for a special : holtrop corporation has received a request for a special order of 9900 units of product z74 for 47.40 each. the normal

A new machine with a purchase price of 8452000 with a : a new machine with a purchase price of 84520.00 with a transportation cost of 9797.00 installation costs of 5031.00 and

Collections from law companys customers are normally 60 in : information on the actual sales and inventory purchases of the law company for the first quarter followsales inventory

What is the variable overhead efficiency variance for the : the following standards for variable overhead have been established for a company that makes only one

The probability that david hits the target is 15 one : suppose that john and david are shooting at a target. the probability that john hits the target is 17 and the

Scores on the sat mathematics test are believed to be : scores on the sat mathematics test are believed to be normally distributed with mean micro. the scores of a random

Specifically the marketing students were interested if : question recently students in a marketing research class were interested in the driving behavior of students.

Tree machines i ii and iii manufacture 30 30 and 40 : three machines i ii and iii manufacture 30 30 and 40 respectively of the total output of certain items. of them 43 and

User Account

All Pages